earnings are not yet gone, it's the easy earning days that are gone. it's gonna be hard but it still works, I know of a guy that has been doing arbitrage since 2005, he claims that he still earns $6,000-$8,000 a month. that's pure profits, He pays $1,500 for Google and $2,000 on hosting fees and have adsense earnings around $10,000+ each month
MRniceGuy007 you are right adsense arbing does still work. I dont know why people are so quick to write this method off... maybe its the name arbitrage.. gives the impression something for nothing. Well maybe this was the case before google changed their algorithm and smart pricing took effect. But if you think about it there really is no 'black hat' method here. You are simply exploiting a gap in the market, bringing customers in off the street who already have an interest in what you are advertising. Granted adwords is pretty much dead for this method but there are many other ppc programs available at a much lower cost anyway. If the person you have 'arbed' to your site has already clicked on an ad to get there whats wrong with them clicking another add. In fact they are more likely to click another ad. As for MFA pages couldnt all content sites be considered MFA sites? (providing they have adsense) I mean where do you draw the line? As long as there is decent relevant content i dont think google would have a problem at all. In fact i know they dont. You are making them money through targeted relevant traffic. Basing your site around a high paying keyword topic, providing good keyword rich content and sourcing cheap relevant traffic is the way forward today with Adsense arbitrage. As for losing money, the maths still stays the same for spending $10 as it does for spending $100...
Just how do you come up with that one????? MFA=Made For Adsense. This would imply the site was created strictly to put Adsense on. While this applies to a number of sites, what about those of us having a web presence years before there was even a Google, let alone an Adsense?
Not arbitrage is not dead. Like everything else, it changes and you have to adapt to or you will fail at it.