Creating text effects in photoshop can be really simple, here’s a quick way to create a smooth glass type effect, the effect works well with any background and is done using layer styles
1) First you need to select your background, for this tutorial I’m using a wet texture, you just need to adjust the lighting and add some blue tones, the tones and lighting is as you like them. The blue tone that I used is #3a5b85
2) Type the text you want in any font you like, and set the size, a big size is better.
3) And now come the settings, double click on the text layer and adjust the blending options as shown in the following images
Blending Options
Drop Shadow
Inner Shadow
Inner Glow
Bevel and Emboss
Satin
Stroke
The end result should look something like this
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