Youtube advertising and a shameless plug!

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I've recently uploaded a new video onto my youtube channel and at some stage in the process of setting up the description, tags, etc I was asked if it was ok for youtube to put advertising with my video. Does this mean I would get paid? If not, why not? And now for the shameless plug! Wanna see the ramblings of an idiot? Yes? Then visit http://www.youtube.com/user/theshark1982