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Bank Roll Management, and table Requirements

2009-09-22 | 3:05 pm east. time

Proper Bankroll Management is the only Secret any Break even player needs to win in the long run. Chris Ferguson gave us all a great demonstration when he built a new bankroll of $10,000 from $0, from scratch. View this regarding his trials and errors to his ultimate goal of 10,000$. 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.

Also Visit this Pro Tip Ferguson has for all players explaining his keys to success.

To ensure that He kept his bankroll intact, Chris adopted some key rules:

  1. Never buy into a cash game or a Sit & Go with more than 5 percent of your total bankroll (there is an exception for the lowest limits: Your allowed to buy into any game with a buy-in of $2.50 or less).
  2. Don't Buy into a multi-table tournament for more than 2 percent of your total bankroll and your allowed to buy into any multi-table tournament that costs $1.
  3. If at any time during a No-Limit or Pot-Limit cash-game session the money you have on the table represents more than 10 percent of your total bankroll, You must leave the game when the blinds reach you.

These are pretty simple rule to remember as a serious poker player. Patience, and Good Bank Roll Management can really smooth out any variance which may occur due to small losing streaks. This is why this system works well. Even the greatest players get bad beats and lose with the best hand! Good Luck at the Tables!

DOWNLOAD for Free this Excel Bankroll Tracking Sheet Curtosy of Ligitpoker.com.