Not many of us put that text before Adsense ads. Is it against Adsense TOS ? Actually, like many others, I want to display Adsense ads below the title of my blog post. Is this fine ? Thanks
No, it is not against Adsense TOS. It’s not necessary to use ad labels. If you want to do so, for instance, ads may be labeled as "Sponsored Links" only. And there's no problem if you use Adsense ads below the title of your blog post with/without label.
According to Google, My understanding is that the user has to click ads knowingly. But the "Ads by Google" under the ad should serve the purpose. Not wanting to take risk, I have the phrase "Sponsored links" above my ads. Haven't seen Google saying it is ok, neither have they disapproved.