Originally Posted by fergy05
Yes, but Chris Ferguson's discussions on how he went from 0 - 10,000 talk about the early stages. He actually mentions that the first time he got $2, he went to cash games and lost it again, to put himself right back to free rolls. He did not play freerolls until he had enough to practice BRM, he just played them to get something else to play with.
He actually talks about some of the places that he broke his BRM rules, and they were when he was playing on a very small bankroll. 1 of the rules was that he could always buy into the lowest limit games, and play $1 MTTs regardless of how little he had.
I'm not sure what you're trying to read into the Ferguson Challenge, but here's the quotes direct from the FT Ferguson Challenge pages ...
Starting with nothing but a Full Tilt Poker
account, Chris played in Freerolls until he earned enough to graduate to games with real-money buy-ins.
From that point on, he adhered to a strict set of guidelines
to build up his bankroll:
* He never
bought into a cash game or a Sit & Go for more than 5 percent of his total bankroll; the only exception was at the lowest limits: he was allowed to buy into any game with a buy-in of $2.50 or less
* He didn’t buy into any multi-table tournaments for more than 2 percent of his total bankroll; the only exception was $1 MTTs
* If at any time during a No-Limit or Pot-Limit cash-game session the money on the table represented more than 10 percent of his total bankroll, he had to leave the game when the blinds reached him
Getting started wasn’t easy. In fact, it took more than seven months of steady play until he got his bankroll to stabilize at about $6.50
. Undaunted, Chris maintained his discipline and dedication and continued with his challenge. Then, on November 26th, 2006, Chris made a major breakthrough. He turned a $1 tournament buy-in into $104 in prize money when he finished second in a 683-player tournament. Even with that huge bankroll boost, it still took Chris nine more months of hard work to reach $10K. But because he strictly adhered to the bankroll management strategy that he’d set for himself
, Chris achieved his goal the following September.
There is nothing more crushing and self-defeating than to put hours worth of work into making a few sheckles, only to go busto in a few minutes on one or two bad beats.
I've been working on my -$0- deposit roll on Stars since late January. I now have a withdrawable balance and will stick with following Chris' rules. THEY WORK and it's almost impossible to go bust ever again.