1. What Is Money Line Mean
2. What Does Money Line Mean In Basketball

A scam is a term used to describe any fraudulent business or scheme that takes money or other goods from an unsuspecting person. With the world becoming more connected thanks to the Internet, online scams have increased, and it's often up to you to help stay cautious with people on the Internet.

A person who does a scam is referred to as a scammer.

Types of computer and Internet-related scams

The money line determines the amount of money laid and the amount of money won when wagering on either the favorite or the underdog. The highest negative money line determines the favorite team, and the lowest negative money line and all positive money lines determine the underdog. As we already explained, 'money line' is a form of bet, relating to the straight-up outcome of the game. In this aspect, money line is similar to 'point spread' or 'total'. On the other side, 'line' is the payout on the bet, i.e. How much you will win if your bet is a winner.

There are thousands of types of scams today, but most boil down to stealing money, property, or information. Below is an overview of common scams.

Phishing

Receiving an e-mail from someone pretending to be your bank indicating you are overdrawn or made a purchase you didn't make and asking you to log in and verify the information. However, the link in the e-mail points to a fake site that logs your username and password information. See our phishing page for further information, real examples, and related links.

Auction fraud

Someone selling something on an online auction site, such as eBay that appears to be something it really isn't. For example, someone may claim to be selling tickets for an upcoming concert that are not official and would not work. Software piracy is also rampant on all auction sites.

Dark patterns

A dark pattern is a user interface feature designed to trick users into doing something more beneficial to the company than the user or customer. See our dark pattern page for further information about this tactic.

Donation scam

A person claiming they have a child or know someone with an illness and need financial assistance. Although these claims can be real, many people create fake accounts on donation sites to scam people out of money.

Threat scam

Someone sends an e-mail claiming to work for a company that found something wrong with you or your company and is threatening legal action unless you pay. Often these scams can be quickly identified because they're asking for Bitcoin as the form of payment.

Catfish

A person who creates a fake online profile to deceive someone. For example, a woman could create a fake profile on an online dating website, create a relationship with one or more people and then create a fake scenario that asks others for money. See the catfish definition for further information and related links. See our catfish page for further information.

Cold call scam

Someone claiming to be from technical support from a computer company like Dell, saying they have received information telling them your computer is infected with a virus or hacked. They offer to remotely connect to your computer and fix the problem. Additional information about this type of scam is found on the following page.

419

419 or the Nigeria scam gives the impression you can gain a large amount of money and only requires bank information to deposit the money into your account. In reality, the bank information is used against the person, or the deposits are kept with no reward. See the 419 page for additional information.

Chain mail

Usually harmless, this scam spreads through e-mail and tells people to forward the e-mail to all their friends to get money back from someone such as Bill Gates. See the chain mail definition for additional information and examples.

Online survey scams

Online survey scams are survey sites that say they offer money or gift vouchers to participants. See our online survey scam definition for further information.

What Is Money Line Mean

Related pages

Computer crime, Hoax, Security terms, Spam

Definition: Profit, also called net income, is the amount of earnings that exceed expenses for the period. In other words, it’s the amount of income left over after all the necessary and matched expenses are subtracted for the period. Notice I didn’t say all the expenses that were paid during the period.

What Does Profit Mean?

What is the definition of profits? According to the matching principle all of the expenses that were incurred to produce the income must be recognized in the period in which the revenue is earned. Thus, some expenses that aren’t actually paid during the period are still subtracted from income to arrive at the net income for the period.

Accrued expenses are the most common example the matching principle. Take payroll for instance. The last payroll of the year is often paid in the first week of the following year. Since the business incurred the costs of its employees’ labor, it must recognize this cost in the current period even though the payroll checks won’t be made out until the next accounting period. These payroll expenses must be subtracted from the revenues of the company to calculate the net profit.

The basic profit formula is calculated by subtracting all expenses incurred during a period from the total revenues earned in that same accounting period. Profits are reported on the bottom of the income statement and are traditionally viewed as the amount of money left over after all expenses have been paid. This is why many people call net income the “bottom line” of the company.

If total revenues don’t exceed total expenses for a period, the company does not report negative profits. There is no such thing as negative profits. Instead, the company would show a net loss on the bottom line of its income statement indicating that revenues were insufficient to cover expenses for the period.

Summary Definition

Define Profits: Profit means a business’ excess revenues left over after all expenses have been paid for the period.

What Does Money Line Mean In Basketball

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