I understand that Google TOS states I can't use Adwords to bring traffic to my Adsense sites. But can I still use both methods of advertising with the same keyword provided that the Adwords goes to an affiliate site instead of one with Adsense ads on it? In other words, can I have Adsense pages using keyword phrase "hair restoration" and at the same time have an Adwords campaign that also uses the same keywords which links to a landing page which is an affiliate site with no Adsense ads on it?
That's ok. Read this for more insight about arbi (not mine) http://www.principleofmarketing.com/the-strategy-behind-arbitrage/