Adwords Minimum Bid

I just played with Google Adwords, and I see that 0,05 is the minimum bid for any keyword.I submit some dumb keywords, and always the script displayed me the 0,05 bid.

Is this true ? 0,05 is the minimum bid for a click ?

 

Yes that is true, but it is possible the cost per click will be lower than that, especially on the content network.

 

To expand, it is the minimum to keep the keyword active.

 

Not true, you can bid as low as 1 cent. The lowest I've gone is 2 cents.

 

Depends on the quality of your landing page, keyword competitiveness, if you want to reach as low as 1 cent

 

Your minimum bid per click is also not necessarily the minimum price you will pay. I have keywords I bid $0.75 on but pay 1-2 cents per click due to my quality score.

 

....not sure if that is true. I am doing 1 cent on a page and making about 3k a month on it. But then again I have another site that im up to 6 per click and only making about 150.oo a month...