How do marginalized social categories, such as being black and gay, combine with one another in the production of discrimination? While much extant research assumes that combining marginalized social categories results in a “double disadvantage,” I argue that in the case of race and sexual orientation the opposite may be true. This article posits that stereotypes about gay men as effeminate and weak will counteract common negative stereotypes held by whites that black men are threatening and criminal. Thus, I argue that being gay will have negative consequences for white men in the job application process, but that being gay will actually have positive consequences for black men in this realm. This hypothesis is tested using data from a survey experiment in which respondents were asked to evaluate resumes for a job opening where the race and sexual orientation of the applicants were experimentally manipulated. The findings contribute to important theoretical debates about stereotypes, discrimination, and intersecting social identities.