Can I make money using Google AdSense with this method?

I analyzed a competitor's website using SimilarWeb. I noticed that their traffic comes from display advertising. Upon further analysis, I found that they are placing ads on game-related pages. The traffic to their website comes from multiple countries. I realized that they may be acquiring inexpensive traffic through display advertising on game websites to increase their page views. As a result, they earn money through Google AdSense ads on their website. I'm wondering if this approach is truly effective since the click-through rate on display ads is typically low.

The amount of traffic should answer your question.

Google Adsense provides a way for publishers to earn money from their online content.Adsense works by matching ads to site based on your content and visiters.

Yes it is called search arbitrage, but you need a highly optimised funnel / page layout for it to be profitable.

Get that right and you will typically average between 20% - 40% profits on your ad buys.

But, you will find it a lot easier if you "buy" game related fb pages and drive the traffic from there to your site ads.

Using display advertising on game-related pages to acquire inexpensive traffic and earning money through Google AdSense ads can be effective, but success depends on various factors. While the click-through rate on display ads might be low, high website traffic can still lead to revenue through AdSense. However, achieving significant profits requires a well-optimized website, engaging content, and targeted ads. Additionally, compliance with AdSense policies and continuous monitoring of traffic sources is essential. Success in this method requires strategic implementation and continuous refinement.