I'll admit it, when I first got into being a webmaster I had a (cringe) password site. This was a long time ago, probably 1995-96, I was one of the first sites to bring passwords from irc to the web. I was ignorant, didn't realize I was costing the paysites money. Anyway at first I had no sponsors, but I got a couple hundred bucks a month from snail mail donations. Once I found babylon-x, I started making a killing sending them clicks, with maybe 5 working passwords on my site at a time (they never died back then). One day I had a long conversation with a paysite owner, who unfortunatly is no longer with us. He explained to me the whole "paying for bandwith" situation, since I was hosted on my isp. That day I took down my site, and started redirecting all the freeloaders to a paysite. I'm still ashamed that I ever ran that site, but in a way I was proud for dropping a cash cow like that based on morals.
I started up my first casino shortly after, but found it easier to get traffic to porn sites. I got a couple amazing listings in yahoo for a couple free sites (15 free pics maybe, on 5 pages). Those yahoo listings along with some traffic from FFA link pages made me 5 figures in the first month with a PPS program called banneranswers.com. Unfortunatly, that program was a complete ripoff and I didn't see a dime. After that, I stayed out of the porn side of the business until about 8 months ago. All that time I was building up my casinos, now I own 3 and run the affiliate program for them and 6 others. So now's I'm back selling porn part time, watch out FantasyMan.
