Chris Ferguson Bankroll Challenge | The Bankroll Challenge Rules
In 2006, Full Tilt Poker pro, Chris ‘Jesus’ Ferguson set himself a huge challenge of building a bankroll from $0 to $10,000. His reason for the challenge was that he wanted to prove to players that bankroll management is essential to being a successful poker player and that anyone with enough determination can achieve this.
The millionaire poker player ground his way through numerous freerolls for over 7 months to build his bankroll to $6.50. It wasn’t until November 26th, 2006, that Chris made a big breakthrough in his challenge. He entered a 683-player tournament for $1 and finished second for $104. He was now a tenth of the way there, but it took Chris another nine months to achieve his goal of $10,000. It took over a year but in September 2007 he successfully completed his challenge and donated his hard earned $10,000 to the Save the Children Foundation charity.
To achieve his goal he adhered to strict bankroll management rules which he set for himself. The rules were:
> He couldn’t buy-in to a sit and go or cash game for more than 5 percent of his bankroll, the only exception being at the micro-limits where he was allowed to buy-in to any game with a buy-in less than $2.50.
> He couldn’t buy-in to any MTT’s for more than 2 percent of his bankroll, the only exception being $1 MTT’s.
> If at any time in a cash game his stack represented more than 10 percent of his total bankroll, he had to leave the table when the blinds got to him.
Give Chris Ferguson’s Bankroll Challenge a go, or use these rules when you are playing so you can build your bankroll without going broke. Good Luck!
Chris Ferguson has over $8 million in live poker tournament winnings and was the winner of the 2000 WSOP Main Event after defeating T.J Cloutier heads-up to win $1.5 million. He was one of the founders of Full Tilt Poker and continues to play on the site as well as travelling the live tournament circuit
If you still find yourself struggling to win consistently and build a solid bankroll, you should join a poker training site. If you don’t already have an FTP account, read our Full Tilt Poker review.
