Green Bubble Text

Create some bubbly green jelly green text (All images in this tutorial have been scaled down greatly.

1. Our canvas started 500 px wide, and 250px high, with a white background.

2. ABC was typed into a text box, doesn't really matter what colour. The font was 50pt and verdana (capitals) Make sure you set the alias to strong! And DONT leave it as none (this is found next to the font size)

3. Now, click Layer > Layer style > Blending options, and tick the following: Drop Shadow, Inner Shadow, Outer Glow, Inner glow, Bevel and Emboss, Contour and colour overlay!

4. Add the following settings for all of the boxes: (click to enlarge)

Click to enlarge for Drop Shadow

Click to enlarge for Inner Shadow

Click to enlarge for Outer Glow

Click to enlarge for Inner Glow

Click to enlarge for Bevel + Embos

Click to enlarge for Contours

Click to enlarge for Colour Overlay

Once you have done this, i suggest you click New Style (on the blending options to add this to other text in the future)
This can also be colourized by simply changing all of the colour's ( just move the sliders up and down on drop shadow, inner shadow, outer glow, inner glow and colour overlay)