You will need to submit the URL's on which you wish to place adverts, and if the page is approved, you will be allocated an advert. This advert is available in various shapes and sizes although the colours are fixed. When you have chosen the shape that fits an available spot on your page, you get the advertising code to insert.
When the code is in place, your page will be spidered to check that the code is active and after the alloted time, you will be paid straight into your bank account.
I presume that this service is geared towards the UK, and I am not sure whether blogspot blogs are acceptable (be sure there will be an advert in my sidebar soon if they are), I don't know the criteria for accepting pages but I do know that I am happy to allocate 125 x 125px of any of my pages for £3 per month... and they pay £5 per sign up... to the new recruit as well as the referrer.

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