| Ferguson's Challenge |
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![]() 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. Just as he promised, Chris donated wining sum to Save the Children foundation, and once again proved that he is a real poker gentleman. Punchline of Ferguson's Challenge is that you have to sit on the tables that suits your bankroll, because otherwise you risk to loose everything. If you plan upfront and play smart, you will be able to survive any bad beat and stay in the game. In the end, after accomplishing his goal, Chris gave some adices to new poker players: "Even today, people don't believe it's really me when I sit down at Full Tilt's small stakes games. They ask what I'm doing down here, and often tell me stories about how they turned $5 into $500 or $100 into $1,000. Usually, these stories end with the person telling me that they went broke. There's no surprise there. These folks tried to quickly build a bankroll by gambling. They'd play in a game that was beyond their bankroll and, if they happened to win, they'd move up to a higher limit and risk it all one more time. Inevitably, they'd lose a few big hands and go broke." "For me, this experiment isn't about the money. It's about showing how, with proper bankroll management, you can start from nothing and move up to the point where you're playing in some pretty big games. I know it's possible because I did it once before, turning $1 into $20,000." "I think a lot of players would do well to apply these rules. One great benefit from this approach to bankroll management is that it ensures you'll be playing in games you can afford."
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