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cardplayer52
Four of a Kind
Joined: 25 Jan 2008
Posts: 318
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 Posted: Sat Mar 21, 2009 7:37 pm Post subject: chris fergusons BK policy |
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| for the most part i like it. but the at 10% you got to leave the table when the blinds get to you i don't like. 1st in the test its 10% of what your bank was before you bought in. not the total new bank after winning more. also if your at a table where your making money and you got 10% of your BK in fornt of you. would that really matter much if no one else at the table had close to your stack? if i had $50 could i do a fergurson or would i have to wait till i had another $1? i'm using his BK and am tweaking it a bit. one tweak would be i would need 25 buyin at a higher level to move up. eg i would need $75 to do the ferguson. if anyone got any comments or ideas i would loove to hear. thanks. |
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spike420211
Forum Yoda
Joined: 25 Apr 2007
Posts: 4065
Location: Pennsylvania, where poker is now LEGAL!
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| Posted: Sun Mar 22, 2009 7:15 pm Post subject: Re: chris fergusons BK policy |
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| cardplayer52 wrote: |
for the most part i like it. but the at 10% you got to leave the table when the blinds get to you i don't like. 1st in the test its 10% of what your bank was before you bought in. not the total new bank after winning more. also if your at a table where your making money and you got 10% of your BK in fornt of you. would that really matter much if no one else at the table had close to your stack? not until someone got close to your stack size imo
if i had $50 could i do a fergurson or would i have to wait till i had another $1? that's 2%, go for it imo.
i'm using his BK and am tweaking it a bit. one tweak would be i would need 25 buyin at a higher level to move up. eg i would need $75 to do the ferguson. if anyone got any comments or ideas i would loove to hear. thanks. |
my philosophy is old-school 2+2 BR mgmt.
30 buyins for N/L and P/L games [make it 50 for PLO and PLO/8!!!],
300 big bets for any limit games,
and no more than 2% of roll for any sng or mtt |
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SmellsLikeDonk
Royal Flush
Joined: 12 Jan 2009
Posts: 599
Location: Shoving where it's +EV
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| Posted: Sun Mar 22, 2009 9:13 pm Post subject: |
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But he makes exceptions:
"He never bought into a cash game or a Sit & Go for more than 5 percent of his total bankroll; the only exception was at the lowest limits: he was allowed to buy into any game with a buy-in of $2.50 or less
He didn’t buy into any multi-table tournaments for more than 2 percent of his total bankroll; the only exception was $1 MTTs"
Meaning that he could play the Ferguson even if had just a $10 bankroll. |
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Kam1972
Message Board Junkie
Joined: 03 Sep 2008
Posts: 2181
Location: Lady Luck's house asking nicely for favouritism.
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| Posted: Sun Mar 29, 2009 9:55 am Post subject: Re: chris fergusons BK policy |
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| cardplayer52 wrote: |
| for the most part i like it. but the at 10% you got to leave the table when the blinds get to you i don't like. 1st in the test its 10% of what your bank was before you bought in. not the total new bank after winning more. also if your at a table where your making money and you got 10% of your BK in fornt of you. would that really matter much if no one else at the table had close to your stack? if i had $50 could i do a fergurson or would i have to wait till i had another $1? i'm using his BK and am tweaking it a bit. one tweak would be i would need 25 buyin at a higher level to move up. eg i would need $75 to do the ferguson. if anyone got any comments or ideas i would loove to hear. thanks. |
I guess his idea on the 10% rule is so that you don't risk much more than 5% of your BR at any one time. So i guess if you have no one at the table that could cripple your 10% stack i guess it don' make much difference. Still, if you have set rules it makes sense so that you don't play randomly. No reason you can't tweak it I guess yourself, but can't argue with something that works either I guess. He is better than me, and you.  |
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wim-np
High Card
Joined: 26 Mar 2009
Posts: 4
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| Posted: Sun Mar 29, 2009 11:03 am Post subject: |
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I use Chris Ferguson's rules as follows:
select the type of game:
Tournament: join if the buy in total is less then 2% of your bankroll
Cash game: join if 50 times the big blind is less than 5% of your bankroll
leave if your bankroll and your stack is more than 10% of your bankroll.
The 10%-leave rule is necessary to prevent me from playing to loose. Playing loose will make me lose a lot. So I quit this game and go to the next. May be with higher big blinds. |
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Kiwi0wn
High Card
Joined: 16 Apr 2009
Posts: 14
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| Posted: Thu Apr 16, 2009 8:59 pm Post subject: |
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Ahh, if only I had adhered to this earlier.
I'm not completely sold on the 50 times / 5% rule. I prefer 50 times = %20 percent of your stack, however that probably leads to my big downswings when I cop a bad one. |
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cardplayer52
Four of a Kind
Joined: 25 Jan 2008
Posts: 318
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| Posted: Sat Apr 18, 2009 3:08 am Post subject: |
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| wim-np wrote: |
Cash game: join if 50 times the big blind is less than 5% of your bankroll
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what i'm acually trying is 200 big blinds would be 5% of my bankroll. so for me to play the .01/.02 2nl micros i would need $42.00 in my bankroll for one buyin of $2. |
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durexlw
High Card
Joined: 12 Mar 2009
Posts: 19
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| Posted: Sun Apr 26, 2009 8:56 am Post subject: |
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| SmellsLikeDonk wrote: |
But he makes exceptions:
"He never bought into a cash game or a Sit & Go for more than 5 percent of his total bankroll; the only exception was at the lowest limits: he was allowed to buy into any game with a buy-in of $2.50 or less
He didn’t buy into any multi-table tournaments for more than 2 percent of his total bankroll; the only exception was $1 MTTs"
Meaning that he could play the Ferguson even if had just a $10 bankroll. |
Personally I use his rules without any exceptions. I played freerolls until I had 55$, before I started to play 1$ MTT's
I also believe the 10% rules is more important that it might seem:
The more cash you bring to a table, the more you have to loose... I mean percent wise against the rest of the players at the table.
My bankroll rules are sacred, I do not bend, I do not violate, not in the least bit. |
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HEY BOB WATSUP
High Card
Joined: 07 May 2009
Posts: 10
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| Posted: Thu May 07, 2009 4:00 pm Post subject: |
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I guess this is why CF is more of a tournament stalwart than cash game legend....you never quit a table because you are winning. If you double your buy in thanks to one or two suckers who are constantly reloading hoping to catch that dream suck out to win their money back, you can sit there and take their money all night long. The reason for leaving should be when tougher players sit down, or you have lost so much that to carry on would be losing more and more.
The only time I would agree with getting out with twice your buy is when you are short stacking, but I don't think CF advocates this apart from when your roll is so small (and those levels of games, its a coin flip against the random plethora of J4o Q6o 93s you will lose to....) |
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KyFried
Message Board Junkie
Joined: 07 Jan 2009
Posts: 4846
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| Posted: Fri May 08, 2009 11:42 pm Post subject: |
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| it seems i win 10% plus then get greedy and wind up even or less, 10% on your money in 2 hrs is a good investment. Now i must say if your hot well then play it, the catch here is knowing when the cooler sets in and getting out while your still ahead. so i'm thinking the 10% ahead would be a max. drop from above that. Am i making any sense here? anyway thats my thoughts on it. |
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cardplayer52
Four of a Kind
Joined: 25 Jan 2008
Posts: 318
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| Posted: Mon May 11, 2009 2:31 am Post subject: |
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| HEY BOB WATSUP wrote: |
I guess this is why CF is more of a tournament stalwart than cash game legend....you never quit a table because you are winning. If you double your buy in thanks to one or two suckers who are constantly reloading hoping to catch that dream suck out to win their money back, you can sit there and take their money all night long. The reason for leaving should be when tougher players sit down, or you have lost so much that to carry on would be losing more and more.
The only time I would agree with getting out with twice your buy is when you are short stacking, but I don't think CF advocates this apart from when your roll is so small (and those levels of games, its a coin flip against the random plethora of J4o Q6o 93s you will lose to....) |
he's not saying get up when you double up. just when you got 10% of your whole roll in front of you. it doesnt matter how bad the players are poker is poker and bad beats happen. so you have a bankroll policy to account for lucky streaks. he also doesnt say you got to buyin for 5% you could buyin for 2% double up twice and still play on. |
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anvolution
High Card
Joined: 09 Jun 2009
Posts: 2
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| Posted: Tue Jun 09, 2009 2:25 pm Post subject: |
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can someone explain to me what his bankroll mgt really means? im kinda confused.
nv buy in a game for more than 5% of our bank roll , i,e if i have 50 bucks , i can only cash in $2.50?
leave the game if more than 10% of your bankroll is on the table , i dont quite get this theory , if i have 50$ , all the buy ins the player have added up must not be more than 5$ ? this sounds wrong. |
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Aelfinn
Four of a Kind
Joined: 16 Sep 2008
Posts: 313
Location: South Dakota
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| Posted: Tue Jun 09, 2009 3:08 pm Post subject: |
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| anvolution wrote: |
| can someone explain to me what his bankroll mgt really means? im kinda confused. |
Bk management is managing your poker money so that you don't lose it all.
| anvolution wrote: |
| nv buy in a game for more than 5% of our bank roll , i,e if i have 50 bucks , i can only cash in $2.50? |
Never buy into a game for more than 5% of your bank roll. i.e. if you have $50 never play with more than $2.50 at one table, if you play with more than this you risk losing a big chunk of your money if you take one bad beat.
| anvolution wrote: |
| leave the game if more than 10% of your bankroll is on the table , i dont quite get this theory , if i have 50$ , all the buy ins the player have added up must not be more than 5$ ? this sounds wrong. |
Leave when the money you have in front of you is 10% of your total bankroll. So if you have a roll of $50, only buy in for $2.50, then leave if you win enough to get up to $5.00. |
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anvolution
High Card
Joined: 09 Jun 2009
Posts: 2
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| Posted: Tue Jun 09, 2009 3:26 pm Post subject: |
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| hey , thanks for explaining |
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