Hand-in-cap

Hand-in-cap is an old English trading procedure that gave rise to the modern word '' handicap''. It was used to fairly trade items of potentially unequal value. Here’s how the procedure works:

# Appoint an umpire: An umpire is assigned to evaluate the items being traded. If the items aren’t of equal value, the umpire decides the value difference.
# Place forfeit money: The players and the umpire each put a small amount of forfeit money into a cap. This serves two purposes:
#* It incentivizes the umpire to make a fair evaluation because they can only collect the forfeit if certain conditions are met.
#* It discourages players from being overly stubborn, as they risk losing their forfeit money if they don’t reach an agreement.
# Make the decision: Both players put their hands into the cap. And then they remove their hands at the same time:
#* An open hand signals agreement with the umpire’s valuation.
#* A closed hand signals disagreement.
# Determine the outcome:
#* Both agree: The item trade occurs, and the umpire collects the forfeit money.
#* Both disagree: No trade occurs, but the umpire still collects the forfeit money.
#* One agrees, one disagrees: No trade occurs. The player who agreed with the valuation collects the forfeit money.

History

This game was played in ''Piers Plowman'', a poem from the 14th century. The concept of a neutral person evening up the odds was extended to handicap racing in the mid-18th century. In handicap racing, horses carry different weights based on the umpire's estimation of what would make them run equally. The use of the term to describe a person with a disability—by extension from handicap racing, a person carrying a heavier burden than normal—appeared in the early 20th century.

References

English games
Games of chance

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