So, if you haven’t seen, Chris Ferguson has an interesting experiment going on over at Full Tilt.
His goal was to start with $0 and build it up to $10,000 by playing (at first) freerolls, and slowly building his stack. By winning small prizes here and there, and slowly increasing his stakes, he’s already turned the $0 into $20,152.67. Pretty awesome.
Here are some of his guidelines the site has listed for what he’ll play:
* 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).
* 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.
* 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.
The page linked above has graphs of how his stack has progressed, as well as a column by Jesus on how to manage your bankroll.
I like Jesus.
Just look at his pretty, pretty face.