Well I started this venture about a month ago when I purchased ebook called Adsense Arbitrage by Michael Plante who discovered this method in such variation just few months ago. As Michael warned this will not be something quick and easy but once conquered then indeed worth it. Today when I checked my reports I found that I have finally hit that first golden niche which will bring those arbitrage profits and I must say feeling is great. After trying around 8 niches or so mostly with results of barely covering expenses but only once with loosing trend which I quickly cut off and lost only a dollar or so finally I have found one that gives at least twice as much I am spending in getting the traffic. To show you what I mean check out my screenshots (I blanked some data to follow google rules about sharing this data) from todays statistics of both adwords report which shows my expenses for today
and adsense report which shows my earnings for today
As you can see I am earning almost 3 times more than spending on my traffic and this is my goal I was aiming at. It didn't go this way from day one of course as I had to test various niches for their profitability and as you can see from next screenshot
something worth mentioning as any earnings started only last Friday when I discovered this new quite profitable niche and since then depending on my optimisation efforts earnings have been increasing more or less until today when I hit new record of 20$ in earnings per day. So as you can see I am slowly getting into same trend Michael has shown in his screenshot and my next goal is reaching 50$ per day which I hope to reach by end of this week and hopefully 100$ per day by end of month. So my quest in testing this method is a success as you can see and now I am even more motivated getting into this business because fun part about it is after you create those minisites with HyperVRE it's mostly watching those profits coming in and optimising some parameters like daily budget and cost per click for increasing those. Currently totals for spending part in adwords are around 60$ but earnings reached 100$ already and as you noticed that payment on hold notice I am now waiting my pin code to validate my billing address and then I will receive my first check from Adsense. So some patience is required but as I learned method in general does work which is the most important part. I will continue reporting about my progress now more frequent because there is finally something to show and so you can see how I succeed with my new set goals.