You could always refine your keywords to be very specific. Bad news, your impressions (times the ad is shown) will go way down. You will always get clicks that are worthless. A lot of times, the keywords that show up as clicks to my site are from people typing an address of another zenfolio user into google and doing a search. They click around until they find the right site.
I pre-pay my adwords account. I usually spend about $20 a time with a low daily budget set. I'll get 4 or 5 clicks a day, most with 100% bounce rate. I just don't worry that much about it, it's only $20 every couple of months which is an advertising expense. It would cost more to run an ad in the local paper and probably result in as many sales.
The clicks probably aren't bogus, just coming from people that don't know what they are looking for or are not very familiar with the internet (there are a suprising number of people in that category).