Chris Ferguson Bankroll Management Guide
Chris Ferguson is a popular professional online poker player, which is part of the Full Tilt Team. One of his major achievements was to turn $0 into $10,000 with his “from 0 to Hero online poker challenge” by playing poker at Full Tilt Poker. He claims that most of his success is coming out of his well defined bankroll management system that sets him apart from the other players.
This bankroll management system was tested by one of the best poker players in the world and thanks to the great success that he managed to achieve you can be sure that the moment you start applying the rules, you are going improve your online poker bankroll.
Make sure that you understand exactly what you have to do and also make sure that you are going to follow those rules. If you are going to stick to these bankroll management rules you will be on your way to build a good bankroll and you can also start enjoying playing poker like a pro at the higher stakes.
Here are the 3 golden bankroll management rules that you have to follow. These are taken out of the Chris Jesus Ferguson’s post where he wrote all the details about his challenge:
1. Never ever get into a cash game or SNG tournament where the buy in is more than 5% of the entire bankroll that you have. You can break this rule in case your bankroll is very small and you are going to play a Sit and Go or cash game where the buy in is lower than $2.5
2. Don’t join a MTT (Multi Table Tournament) where the buy in is higher than 2% of your current bankroll. By not risking you will be able to keep a lot of your money intact. This rule applies unless the buy in at the tournament lower than $1.
3. In case you have managed to win at a cash game and your money that you have at the table represents more than 10% of your online poker bankroll, then you should cash out of that table the moment the blinds are going to reach you.
These bankroll management rules created by Chris Ferguson are very strict and they ensure that you are only going to play poker at those tables where you can really afford to do it.
With these rules it’s going to be impossible for you to lose your entire bankroll. Make sure that you have the enough motivation to stick to these rules no matter what happens. And remember that it took Chris Ferguson, which is one of the greatest poker players in the world 1 year in order to reach $10k from $0 by applying these rules.