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Question for fellow bloggers?

I’ve been looking for some answers about the Google AdSense program, and I can’t seem to find them, so I’d love to exchange information with any other bloggers that have enrolled in the Google AdSense program. I’ve read through all their info, and I can’t figure out exactly how bloggers get compensated for the ads placed on their blogs? Granted, I’m not exactly that tech savvy, but I do work in publishing so I know something about ads. I’m hoping maybe I just didn’t see the answer in there some how.

From what I read it seems that you’re paid on some kind of formula that combines click-throughs and impressions. But, what’s the formula? I’m not exactly running a mega blog here, and I don’t want to clutter it up with ads for just pennies. What is the cost per 1000 impressions? What counts as an impression? Do you have to get click throughs on any ads?

I just think it’s strange that they don’t offer up this magical formula so you could look at your site stats. and make some kind of educated guess on what sort of revenue you might generate.

I’ve now reached more than 1,000 visitors to the blog (both first timers and returning readers) in about three months. I wouldn’t expect that this level of traffic would rock Google’s world, but then again, if I could generate even $50 bucks off this site, it could become an HPS fundraiser.

So, any addies out there???? Please advise? Is it worth it?
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