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Arbitrage and google banning people has been blown out of proportion in my opinion, Googl makes money from arbitrage and the only people that Ive heard get even a notice are people who were using 100% mfa, zero content pages. The real deal with arbitrage is google is trying to use google analytics with adwords so they can keep track of conversions. The worst that could happen because of this is you get paid less if your site doesnt convert well for advertisers.
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