Is using Adsense to point to a page with only content plus Adsense ads okay? Or is that consider arbitrage? What about a content page that also has affiliate links, or both Adsense and affiliate links?
I don't want to spend a lot of time learning Adwords rules and quality scores as I probably won't use it otherwise than the free credits. I just hate to see my free credits go to waste but I'm not sure what it is okay to use them on.
1. Credit is for new accounts only - applicable.
2. AdSense + Affiliate or one of the two - applicable as long as the site provides something that is worth of seeing/experiencing which is in direct connection to what you would advertise it for, including your affiliate links. Just making ads so you direct users to your AdSense is a "no, no" per my knowledge. So, as long as it would make sense to pay for clicks on AdWords if you would have no AdSense on the page/site, you should be OK. Talking about user experience - if you would take out affiliate links and AdSense, would your site(s) still be attractive to your visitors? If yes, then you're fine.
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Edited.. esp.. as you seem to be a newbie on the adWords side of the fence.