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Online Poker Forum - Current status of Ferguson's 0 to $10,000 experiment - Click Here
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Gypsydc
Moderator


Joined: 03 Nov 2005
Posts: 4396
Location: California

PostPosted: Sun Apr 22, 2007 2:49 pm    Post subject: Current status of Ferguson's 0 to $10,000 experiment - Click Here Reply with quote

This is an excerpt from an article in The Scene Magazine April 2007 issue. It's entitled: Starting from Zero – Play like Chris “Jesus” Ferguson. I’ve seen quite a few questions about the status of Chris’ 0 to $10,000 experiment which is why I am posting this.


The SCENE Magazine: What would you like to tell our readers about FullTilt.com?

Chris “Jesus” Ferguson: Currently, I am performing and experiment…I am trying to turn zero dollars into $10,000.

TSM: You’ve got our attention!

CF: I have been doing this experiment for exactly one year and two weeks. Let me fire up my Fulltilt.com program and see what why bankroll is. I started February 20, 2006, with zero dollars in my account. Now I have $365.83.

TSF: How did you create your real money bankroll?

CF: At first, I just played 99% Free Rolls and play money. Over the course of nine months, I placed in nine Free Roll tournaments and won $22. That’s how I started my bankroll. Since then I have been playing real money, low stakes poker on Full Tilt.

TSM: How did you make the move from play money to real money?

CF: I started out playing the $1 tournaments and low stakes tables. Then, I progressed to the $5 sit-n-go’s and the 10 & 25-cent tables. Now I am on the $10 sit-n-go’s.

TSM: What is your playing philosophy?

CF: My top priority is not to risk my bankroll at any time. Therefore, I plan on never going broke. One of the rules I follow to reach this $10,000 is never buy into a game for more than 5% of my bankroll…If I buy into a multi-table tournament, I limit my buy in to no more than 2% of the bankroll.

TSM: Are there any exceptions to your 5% rule?

CF: Yes, regardless of my bankroll, I can buy into any multi-table tournament for a $1, and into any satellite or real money game for $2.50.

TSM: You will not go broke that way!

CF: That’s the theory.

UPDATES:

May 31, 2007 - $635.99

June 18, 2007 - $939.14

July 1, 2007 - $771.64

July 16, 2007 - $2,262.44

Well...now FTP dedicates an area for this. To get updates go to: http://www.fulltiltpoker.com/chris-ferguson-challenge


Last edited by Gypsydc on Wed Nov 19, 2008 11:24 pm; edited 7 times in total
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UFO1947
Alien Interrogator


Joined: 08 Jun 2006
Posts: 3258
Location: NS, Canada

PostPosted: Sun Apr 22, 2007 4:12 pm    Post subject: Reply with quote

I have about $24 on PS now that nettler went gay, so i might try and do this with $24 and work it up.

imagine the patience he must have to play that level
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Spigwish
Message Board Junkie


Joined: 09 Jul 2006
Posts: 1140
Location: Ottawa, Ontario

PostPosted: Sun Apr 22, 2007 4:19 pm    Post subject: Reply with quote

He must possess the patience of Buddha. I get frustrated by the play at the low levels, although it can be insanely profitable. 90% of the time I sit at a .01/.02 table, I leave with 3 or 4 times my buy in. Now if I only had discipline ..... Embarassed

I would like to know if he multi tables when he plays cash games.
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mathman1115
Wizard of Odderation


Joined: 01 Sep 2005
Posts: 3073
Location: Land of the Fightin' Phillies

PostPosted: Sun Apr 22, 2007 4:19 pm    Post subject: Reply with quote

UFO1947 wrote:

imagine the patience he must have to play that level


Especially since he also has played in high stakes poker, WPT and WSOP events not to mention many others. Nothing like playing for a few bucks one day, then a million the next.
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tenn_tim
Full House


Joined: 28 Dec 2006
Posts: 237
Location: Bristol Tennessee

PostPosted: Sun Apr 22, 2007 9:43 pm    Post subject: Reply with quote

mathman1115 wrote:
UFO1947 wrote:

imagine the patience he must have to play that level


Especially since he also has played in high stakes poker, WPT and WSOP events not to mention many others. Nothing like playing for a few bucks one day, then a million the next.


I don't know, but I bet he gets the same thrill no matter what the stakes. I have never played for "high stakes" but to me the thrill is the same, if its a $2 sng or with m&m with my kids.

I started with nothing, just playing freerolls and have built up bankrolls on three different sites now. I don't play one site exclusive. I have followed his advice on bankroll management ( thats been posted before ) and have not gone broke on any. All three sites put together I have won about $80 now.

I do think that its possible to do it, it won't happen overnight, just be patient and keep plugging away a little at a time.
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pockett10s
Royal Flush


Joined: 09 Oct 2006
Posts: 528

PostPosted: Sun Apr 22, 2007 10:21 pm    Post subject: Reply with quote

Ya after Neteller went out, I decided to do the same thing. I've always had a problem with patience at the poker table, and I'm hoping that this will help.
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mariners08
Pair


Joined: 14 Feb 2006
Posts: 36

PostPosted: Sun Apr 22, 2007 10:57 pm    Post subject: Reply with quote

I've recently done the same thing as Jesus did with a little more risk on my part. I won a freeroll and got 5 dollars and immediatly went into the cash games and sit and go's. Thus, i didn't follow the 5% rule in the begining. However, I worked it up to about $400. It really is about patience and grinding it out!
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spike420211
Message Board Junkie


Joined: 25 Apr 2007
Posts: 1388
Location: check ur car trunk... it's dark in here, i know that

PostPosted: Wed Apr 25, 2007 7:29 pm    Post subject: i imagine the whole process takes about 12-18 months.... Reply with quote

couple quick Q's 4 chris:
>did u kind of give yourself a rough time frame as a goal?
>assuming u started this as a new acct. here, are you allowing
yourself to enter satellites using ftp's that you've accunulated?

good luck on your experiment, nodoubt you'll accomplish this, but luck
might make it happen sooner

str8 flushes

spike
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1SifuNH1
High Card


Joined: 27 Apr 2007
Posts: 1

PostPosted: Fri Apr 27, 2007 10:32 pm    Post subject: Reply with quote

Chris,

I had a question about your bankroll management:

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 my total bankroll, I must leave the game when the blinds reach me.

so do you make sure you sit down with others that have as small a buy in as you? Or are we talking about any one pot? It has been a long week, so I am pretty dense about now Smile

Thanks and keep slicing and dicing those veggies!

Dave
aka 1SifuNH1
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lilzeus
High Card


Joined: 29 Apr 2007
Posts: 4

PostPosted: Sun Apr 29, 2007 10:25 pm    Post subject: Reply with quote

Ive actually done something just like this.

Early in '06 I went down to zero playing part time. I used to play on Empire but pulled all my money out, except for some change. Empire decided to give me $10. Since I was down on my luck, I decided to play with it. I didnt play tournaments or sng's, only very occasionally. Probably a dozen or two for the whole year. And all of those were AFTER I built my BR up. I made it to well over $40,000. And every single hand I played was documented with my Poker Tracker. I started at the lowest tables they had there at the time, .10/.25, which was too high for a $10 BR, but I had no choice. I literally played cash game all the way up. Completely different than playing tournaments and SNG's and making a score here or there and eventually making some huge score. The way I did it is where the term 'grind' or 'grind it out' really came from.

You can read more about it here:

http://www.tightpoker.com/phpBB2/viewtopic.php?p=29621&highlight=#29621

If you search for posts I made there you can see where I updated how far along I got...20k, then 'well over 30k'. etc If you look hard enough, anyway.

Right now I am attempting a similar thing on Full Tilt. I thought I had cleared that account out but apparently I have a little over $40 in there, and a ton of points to use. So I am going to try to turn that into something too. Time will only tell.

OK, flame on, since I know it's inevitable.
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Spigwish
Message Board Junkie


Joined: 09 Jul 2006
Posts: 1140
Location: Ottawa, Ontario

PostPosted: Sun Apr 29, 2007 10:34 pm    Post subject: Reply with quote

lilzeus wrote:

OK, flame on, since I know it's inevitable.


No, it's not inevitable. Yours was an intelligent, well thought out first post. You've not insulted anyone, cried about "Rigged" cards, begged for money or passwords. Those types of first posts always receive negative responses. Good luck with your grinding, and welcome to the forum. Keep us posted as to your results.
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STC_Die
Pair


Joined: 11 Feb 2007
Posts: 50

PostPosted: Sun Apr 29, 2007 11:15 pm    Post subject: Reply with quote

Cool topic I'm also building my bank roll based on freeroll winnins and low limit cash tables so far im at $16
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jjpregler
Forum Pro


Joined: 17 May 2006
Posts: 1449

PostPosted: Sun Apr 29, 2007 11:28 pm    Post subject: Reply with quote

One of the main reasons he started playing freerolls and low stakes was to try to better understand the online poker players, so that he would better understand the wild and unpredictable play seen at major tournaments where alot of the entrieds are online. The experiment was probably jsut a way to entertain himslef while learning to get inside the mind of the online donkeys.
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Spigwish
Message Board Junkie


Joined: 09 Jul 2006
Posts: 1140
Location: Ottawa, Ontario

PostPosted: Sun Apr 29, 2007 11:37 pm    Post subject: Reply with quote

That's an interesting observation. Might I ask what your reference is? I would be interested in reading it.
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sosodef_87
Pair


Joined: 27 Mar 2007
Posts: 27
Location: Langley, BC Canada

PostPosted: Wed May 02, 2007 2:30 am    Post subject: Reply with quote

I thought he made it to 10g already, I remember reading something about him having to step down from 25/50 games to 10/20 and it was hard for him...
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