different variations in englund gambit.
White has a strong pawn on e5, which hinders black to complete his development. Therefore the Englund gambit is considered as incorrect by most GM's.
This is confrimed also by all variants that I have seen.
Mandelshtam
Can catch players unaware (I destroyed someone in blitz with it).
But one for live chess I think - as Mandelshtam points out, against good play black gets little for the gambit.
See http://www.chess.com/forum/view/chess-openings/englund-gambit2 for an example of an Englund gambit in action
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