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If you are trying to damage a competitor (ie: run them up a big bill with no results) even a small botnet can pretty much do some people in. Find places they are linked, and have each one of those bots click one link per day and then click on step additional into the site somewhere. The end result would be hundreds to thousands of non-revenue producing clicks.
This is particularly useful if the cost per click is high (poker ones use to be good for this).
In the same manner, if you have enough blogs and sites supported by adsense, you can have those same bots come in and click a few extra links per day, provided you work to keep your click rates reasonable. You can also use your bots to trigger extra page views, which can help balance out clicks.
The real money in adsense is made in "upgrading" people. Getting the cheapest ass traffic possible, and then filtering them slightly to pages with significantly higher paying adsense ads. I have noticed that many CJ TGPs are now used drop out pages to extract surfers and send them of to PPC "search" pages, and often forward onto non-porn blogs with adsense.
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