It would probably be classified as a barrel saddle, but I have to agree with SR. You couldn't pay me to put it on one of my horses. It looks like one of those cheapie, made in Pakistan, $100 brand new saddles.
Yeah, $10 would be worth it. Lol. Its so hard to find the cheap ones that actually fits a horse. Many people have claimed that they fit their horses great, but when you see a pic, its sticking up in the back pinching the heck out of their withers or something.