The Chris Ferguson Challenge

Over the past 16 months, Chris Ferguson has been on a quest. His mission: turn $0 into $10,000. This obviously wasn’t about the money − Chris is doing just fine. Instead, it was an exercise in bankroll management. As you can see on the chart Chris has now completed his mission and crossed the $10,000 barrier.

So how’d he do it? - Starting with nothing but a Full Tilt Poker account, Chris played in Freerolls until he earned enough to graduate to games with a real-money buy-in. From there, Chris built up his bankroll by adhering to this strict set of guidelines:

1. He never buys into a cash game or a Sit & Go with more than 5 percent of his total bankroll (there is an exception for the lowest limits: he is allowed to buy into any game with a buy-in of $2.50 or less).
2. He doesn’t buy into a multi-table tournament for more than 2 percent of his total bankroll, but he’s allowed to buy into any multi-table tournament that costs $1.
3. If at any time during a No-Limit or Pot-Limit cash-game session the money on the table represents more than 10 percent of his total bankroll, he must leave the game when the blinds reach him.

It wasn't that easy for Chris - it took more than seven months of steady play until he got his bankroll to stabilize at about $6.50.

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