after about a 1 week break from online poker, (completely cashed out due to parents orders) i reloaded $200 via western union so it would not appear on my card or bank.

so i play a few sng's and i know i can beat them up to the $33's, but i thoght i would try something differnt. since im not really supposed to be playing online poker im going to focus on ring play for a while just for maybe an hour or 2 a day. im going to try chris fergesuns bankroll tactic, in which he claimed that he used and turned $1 into 20k

i dont plan on making 20k in 2 months like he did, but heres what i want to do.
-use the method and see how it works. buy in 10% of your br to whatever that limit is. for my $200 i happen to be a little short of .15 .25 but im sure i can mannage and have sngs to fall back onto.
-track things, approx. how long i played, how long it took to move up a limit, how tough the limit was (on party)
- anything else that might intrest somone? i dont have poker tracker so anyone with poker tracker want to try this with me and use this thread for updates, maybe?

anyways would anyone be intrested in me reporting my progress? each level i move up i could perhaps post and just give some insight on how i played, if the players were tough, and if jesus drove me broke.

did exackly this last month. It works VERY well. I pushed 10$ to around $200 in about a month. Buy in with 5% of your bank roll and cash out with 10% it works like a charm and would recommend you to do it. I would also be interested in hearing your progress

-fools

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I don't really understand the whole cashing out aspect. I know we've had discussions on here about taking $ off the table. It seems like the majority agree it's not a good idea if the table is good.

I'm also assuming this is also designed more as a NL strategy or no?

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I don't understand this "method" at all.
Is the whole point of it to buy in for 10% of your BR? Is that his secret? What are the benefits to doing that? Is there something I'm missing here?

buy in 5% of roll and leave once 10% of roll on table, benefit discpline and if u lose only losing 5% not half your roll

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If there wern't luck involed i guess id win everyone

See now that makes sense.
But am I retarded? Nowhere in his post does it say anything like that.

Yes... :P

The whole 5% on 10% off is the "jesus br method" Theres some audio clip where he explains how he used that method to turn $1 into something like $20,000. Better than water to wine imo.

So if I get this right say my BR which is $480 (up from $100 including bonus $$) as of now, I should take $24 (5% of $480) and do the max buy-in to the appropriate game, (.10/.25) and cash out when I double it to $48 or $50.40 (10% of $480 or 10% of the BR + the net from the game I just played) for a net gain of 5% +/- of my BR which would now be $504.. Then, next game I buy in for $25, cash out for $50-$52 and so on.. So say when my BR gets in the $1K range I can buy-in for the full $100 on a .50/$1 table, cash out at $200.... Sounds like a good plan in theory, but it means mad discipline to do that... More likely for me I will probably be cashing out at the 7%-8% range because I dont have hours to spend at a table. Also, if your into multi-tabling you could also split your 5% and say play 2 or 3 .05/.10 tables instead of one .10/.25 and so-on up the line..

Also, in theory if you have a horrible session and lose your entire buy-in, you only lost the net gain from your previous session, not a catastrophic hit to your BR which I'm sure will happen. I've been on a god roll lately and I haven't even got to a point in a session where I lost half of my buy-in, I went down $18 from $50 last night, but caught a good run or cards and played very well and left at $85 for a net of + $35, now if I could get rid of the rake as I dont think FT has any rakeback programs.....

is this only for cash tables or sngos too?

That's right but I think Ferguson might've spent a couple days at each limit in order to get over 20K. But you got the idea!

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