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Go Back   Poker Forums > Texas Hold Em Rooms > Advice & Strategy > Theory, Advice, Strategies

Bankroll Management Chris Ferguson

Theory, Advice, Strategies

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Old 05-03-2007, 09:23 AM
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For SnG's I've played a few super micro 10 seat SnG's, only 10c. 1500 starting stack and 10min blinds. These are on Prima skin poker rooms. So far I've played 4 and won 2 and 2nd in another. Last night it took one and half hours for me to take down the valuable prize money of 45c.

I've also deposited my first $10 in Poker Stars to see if I can grow it into something (more than $10). Had a crack at a 2c NL ring table. Bought in for $1 took down a cool 95c in profit. Ferguson better watch out.... I'm coming for your MAN.

To keep me disciplined, I'm clearing out my Neteller account and putting the cash into a seperate high interest bank account just for my remaining bankroll. Just making it a bit harder to access will hopefully provide an on going incentive.

Last edited by MingoJingo; 05-03-2007 at 09:56 AM.
  
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Old 05-03-2007, 12:19 PM
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The posts here have helped me think about things. Thank You.
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Old 05-03-2007, 01:31 PM
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I feel the same way 7. I've already adjusted my play and have seen progress. It's hard to tilt when you only lose a couple of bucks and a small percentage of your BR when you know you'll get it right back plus some. I've doubled my BR since I read this post and stepped down in limits.

Of course the $100 live tourney that I've commited to next week might change things a little.
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Old 05-03-2007, 02:13 PM
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Nice one Dinero

You know, I'd read similar stuff before but I'm stupid and undisciplined at times.
This time I think it's sunk in and like you I already feel more in control. It's coincided also with something of a revelation. I feel I know what was going wrong over recent months and I'm already on an upturn. I'm a happier player.

Unfortunately there's the Sunday League games and they can spoil my bankroll plans. I'll play those but I'll set aside the rest of my poker money at stars and other sites and intend to use it more wisely.

Beer and tiredness has sometimes been my downfall.

At the moment, I'm playing less games and I'm enjoying and concentrating well on the ones I do play. Infact, I'm wanting to play less simply because I am concentrating better when I do play.

Yeah, I have suffered from a lot of bad beats/bad etc in recent times, I know that is true - but that can happen to all of us anytime.
I'm now sure though, that I went through a period where I felt I could win without trying too hard. Idiot. Took me a long time to realise that I can't do that and be succesful.

There's sometimes more going on than first meets the eye.

Thanks again
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Last edited by 7letters; 05-03-2007 at 02:39 PM.
  
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Old 05-04-2007, 10:02 PM
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Quote:
Originally Posted by 7letters View Post
I began doing something similar when we had the bankroll challenge thing going...
Here's a link to our bankroll management challenge thread (Bankroll Management Challenge). Boy, I thought it would be a matter of being patient. The problem is, at the low levels, people play and chase with so much garbage. I got busted 3 times. Of course, I wasn't managing to the strict rules that Chris has. I just ran out of patience!
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Old 05-14-2007, 02:03 PM
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Quote:
Originally Posted by MingoJingo View Post
I've also deposited my first $10 in Poker Stars to see if I can grow it into something (more than $10). Had a crack at a 2c NL ring table. Bought in for $1 took down a cool 95c in profit. Ferguson better watch out.... I'm coming for your MAN.
Seems to be working, up to over 16 bucks now, playing a few short sessions to stave off boredom. Still only allowed to buy in for $1 at the moment, which is still over 5% of the bankroll but that's ok.
  
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