There is no limit in how much money you can make using Google Adsense. Earlier when I got introduced to Google Adsense I thought of testing it out. I made a single page website using WordPress and filled in with small content about proxy servers and injected adsense ads to the website. Finally I advertised my single page website using Google Adwords and was literally shocked to see the results when I made around $10 within 2 hours. I followed the arbitrage model in making that $10 but later came to know that it is against the Google Tos. Using Arbitrage model you research for High paying keywords, develop articles revolving those high paying keywords and advertise the site for cheaper traffic. If Google comes to know that you are following the arbitrage model in making money from adsense you risk of losing your adsense account. So imagine if I could make $10 in 2 hours advertising my one page website about proxy servers how much more can I make if I optimize my website for Organic search results. If you want to follow the arbitrage model in making money from adsense see to it that the page you create has unique content and not Google ads alone with very less content.
How Arbitrage model works ? Setting up a website that displays high paying ads and sending visitors to that page via Google Ad-words for less money. If you are planning to set up an arbitrage model website develop a list of 10-15 high paying keywords in your niche and use an article generating software to produce keyword specific articles for those high paying keywords. After you have developed your website try out with various ad positions. You can check out Google "heat map" which illustrates the best possible solutions for placing ads on a sample page layout. If one of your web page is doing well you can duplicate that one page article to another domain and run two distinct ads using any PPC Program
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