when you mean short out do you mean like turn on and shut right off or like spark and ruin it
Could do either. Not worth risking it.
Also does anyone knows what happens when you turn it on with no processor what will happen
It won't POST. It may either not turn on at all, it may turn on, fans will spin and nothing happens, it may turn on and shut down, it may beep, it may not. Different boards do different things. There's no point in turning it on without a processor in, regardless.