On Tuesday, Chance Kornuth final tabled the opening event of the Poker Masters before finishing second to Isaac Baron. On Wednesday, Kornuth once again took on the role of bridesmaid as Ryan Laplante eliminated the final four players to win the $10,000 Pot Limit Omaha event for $186,000. Start Playing Poker In North America! Hi, for some time now I still want to do a POKER challenge on unibet.10E-10K, play cash, sng, mtt, everything I can go to I bring it to a successful end.GL ALL. A poker bankroll challenge is exactly how it sounds. It is a challenge to build a meaningful bankroll from a small deposit over a predetermined time. Sometimes, the player starts without a deposit. The most common figure players aim for is $10,000 from a very low deposit of $50 or $100.
For those who don't know, Chris Ferguson is a professional poker player who has won 5 World Series of Poker bracelets. Nicknamed ‘Jesus' because of his long hair and beard, he plays most of his online poker at Full Tilt.
In 2009, he embarked on a challenge to turn $0 into $10K through playing free tournaments and working his bankroll up to the larger games.
Here are the rules he set himself:
- He never bought into a Sit ‘n' Go or cash game that constituted more than 5% of his bankroll – except at the very lowest limits
- He didn't buy into any multi-table tournaments worth more than 2% of his bankroll – again, this was waived for tournaments only costing $1
- If at any time during a cash game, the money on the table was worth more than 10% of his total bankroll, he had to leave the table
The process was slow going and it took him more than 7 months to stabilise around $100, but from there he reached the $10K target with just another 8 months play.
Chris Ferguson took $0 and turned it into $10K in the space of 15 months
Being a Good Samaritan, he donated the cash to the Save the Children Foundation before deciding to up the stakes and turn the $10K into $100K (which he again managed to do).
So, sounds easy right? Well, that's what I'm going to be finding out. I will try to follow Jesus' astute bankroll management guidelines, but admittedly Ferguson clearly holds a number of advantages over me:
- He's a mathematical genius and game theory expert who possesses a Ph.D in computer science, whereas I am borderline special needs when it comes to statistics
- He's an experienced professional poker player with a well-documented string of big wins and top prizes. My biggest win is $3,000, which was around 8 years ago and have been known to crash out of home games against absolute novices in spectacular fashion
- His higher skill level meant he could progress very quickly once he built a small bankroll. I will likely struggle at the high stakes game
Pretty bleak eh? Well, its not all bad. Believe it or not, I actually have some advantages of my own – slim as they may be:
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- As a Full Tilt sponsored pro, Ferguson had to play his freerolls at Full Tilt only. I am able to pick and choose the best freerolls from all the sites, giving me a deeper selection and more playing time
- Ferguson will have dipped into the Challenge between sessions of normal play, where he makes a living. I have no bankroll, so all of my poker playing time will be dedicated to this
- I will be taking advantage of any promotions or bonuses that contribute to my stack (apart from the sign-up bonus given at 888 Poker, which would have started me on $8. That felt like cheating)
Confident? Me neither, but them's the breaks. I will try to avoid as much technical jargon as possible until I get round to putting a glossary up, in order to keep layman readers happy. I'm also going to try really really really hard to not spend too much time whinging about bad beats/crap players – no one likes a sore loser.
This message is to say my 10K poker challenge is officially over (months ago). In my last post (February 2011) I said I would take a 2 weak break, but after that I went broke. Worst thing to happen to a poker player.. But In late May 2011 after winning a few bucks in freerolls I was convicted to follow bankroll management rules hard and start playing! I started and in June and July I had a sick upswing and those few bucks transformed into 6K in just 2 month and a half. Than I had a downswing from July to August and I went back from 6K to 4K. After that I made a new account on Everest Poker in September. From September to October, I made another 6K under the nickname 'lamprey' and the challenge was over!! My liquid profit on my old account was 1761$ (see graph below) plus 6000$ (at 1000 games on my new account). The money I made from rakeback was over 4k and that's how I finished my challenge big way :P (1761$+6000$+4000$= 11761$)!From November to now I'm kinda break even just getting money from the rakeback.
The process was slow going and it took him more than 7 months to stabilise around $100, but from there he reached the $10K target with just another 8 months play.
Chris Ferguson took $0 and turned it into $10K in the space of 15 months
Being a Good Samaritan, he donated the cash to the Save the Children Foundation before deciding to up the stakes and turn the $10K into $100K (which he again managed to do).
So, sounds easy right? Well, that's what I'm going to be finding out. I will try to follow Jesus' astute bankroll management guidelines, but admittedly Ferguson clearly holds a number of advantages over me:
- He's a mathematical genius and game theory expert who possesses a Ph.D in computer science, whereas I am borderline special needs when it comes to statistics
- He's an experienced professional poker player with a well-documented string of big wins and top prizes. My biggest win is $3,000, which was around 8 years ago and have been known to crash out of home games against absolute novices in spectacular fashion
- His higher skill level meant he could progress very quickly once he built a small bankroll. I will likely struggle at the high stakes game
Pretty bleak eh? Well, its not all bad. Believe it or not, I actually have some advantages of my own – slim as they may be:
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- As a Full Tilt sponsored pro, Ferguson had to play his freerolls at Full Tilt only. I am able to pick and choose the best freerolls from all the sites, giving me a deeper selection and more playing time
- Ferguson will have dipped into the Challenge between sessions of normal play, where he makes a living. I have no bankroll, so all of my poker playing time will be dedicated to this
- I will be taking advantage of any promotions or bonuses that contribute to my stack (apart from the sign-up bonus given at 888 Poker, which would have started me on $8. That felt like cheating)
Confident? Me neither, but them's the breaks. I will try to avoid as much technical jargon as possible until I get round to putting a glossary up, in order to keep layman readers happy. I'm also going to try really really really hard to not spend too much time whinging about bad beats/crap players – no one likes a sore loser.
This message is to say my 10K poker challenge is officially over (months ago). In my last post (February 2011) I said I would take a 2 weak break, but after that I went broke. Worst thing to happen to a poker player.. But In late May 2011 after winning a few bucks in freerolls I was convicted to follow bankroll management rules hard and start playing! I started and in June and July I had a sick upswing and those few bucks transformed into 6K in just 2 month and a half. Than I had a downswing from July to August and I went back from 6K to 4K. After that I made a new account on Everest Poker in September. From September to October, I made another 6K under the nickname 'lamprey' and the challenge was over!! My liquid profit on my old account was 1761$ (see graph below) plus 6000$ (at 1000 games on my new account). The money I made from rakeback was over 4k and that's how I finished my challenge big way :P (1761$+6000$+4000$= 11761$)!From November to now I'm kinda break even just getting money from the rakeback.
Nowadays I still play on Everest Poker under the nickname 'lamprey' but I play more on Pokerstars. I started playing at the begin of this year on Pokerstars. I never thought I would be where I am today, I improved my game a lot and I think I will be even higher in a short period of time.
Poker 10k Challenge 2020
My first poker game was in 13 July 2009 on network Ongame (Bwin), and I went from amateur to professional 2 years later, in Juin 2011 in Everest Poker. A lot of work and study made me where I am today. Poker players should never stop to improve their games even if they think they are the best. That's my philosophy.Poker 10k Challenge 2019
