Ferguson's Bankroll theory counterintuitive?

[HoldemPokerPlyr]

I turned .38 cents into $170. I thought that was pretty good. Haha.

[SandnSurf]

I've also noticed that my attitude about the table changes when I build a big stack. That is a subtle change to the game dynamic that I've grown to know the hard way (either by playing too loose or too weak or both). I find it both refreshing and safe to leave after I've doubled up on a table. I'm no longer a target, per se, of those that I've wronged.

[mudbuddha]

well, nothing wrong with learning to play with a big stack too.. you just have to loosen up preflop and tighten up post flop when your stacks get deep. its an important part of play you should learn as well.. my friend hits and runs when he doubles up too. i feel like its a mistake and hes skipping out on the fun part of opker

[DrPhysic]

I don't know from podcast. But if there is a transcript, or a copy i can watch or whatever, I'd like to see what Ferguson had to say. Can you point me? (you might have to tell me what kind of software i need to see it.)

Doc

[IWntErinNess]

Just wondering, if he only sat down with 5% of his bankroll, did he sit down at a nickel max buy-in table? lol...

what were the blinds? $0.001-$0.002?

[ChuckyB]

[ QUOTE ]
I turned .38 cents into $170. I thought that was pretty good. Haha.

[/ QUOTE ]

I turned $170 into .38 cents. That was not as good.

[edfurlong]

[ QUOTE ]
Just wondering, if he only sat down with 5% of his bankroll, did he sit down at a nickel max buy-in table? lol...

what were the blinds? $0.001-$0.002?

[/ QUOTE ]

If he had multiple shots at it he probably started out trying to double through a couple(few?) times before getting conservative.

[SirShortStack]

The fellow who invented this was Jim Rose. In his own words:

I worked on this game theory, just for kicks. I worked out a guaranteed way to win $28 an hour in Vegas, which is a decent living for a lot of people, but it doesn’t really interest me much. But I needed to see if it would work.

There are so many maniacs at the casino. A lot of people watch TV and think they have figured out poker because they’ve watched it for an hour. They don’t realize it’s 12 hours of shooting and they’ve edited it down to an hour. All you see is bluffs gone bad and maniac moves that go well – and that’s not real poker.

So I worked it out with millions of simulations on the computer and then went and did it for a seven month period, five days a week, and it came out at $28.64 an hour. Here’s how it works. You play the low blind games. I would say the best ones to play are the $2/$5 games. In a low blind game, a bunch of chips is not strength, it’s vulnerability – unless you’re one of the best players around (and if you’re one of the best players around you wouldn’t be playing the $2/$5 games!). Too many people want to look at a flop and anybody playing the $2/$5 has only a certain level of ability. That means that their big chip stack in front of them, if they stay there long enough, is gonna get sucked out from under them.

What is the only move a pro would make if he was on a short stack? He would go all-in if he had A-A, K-K, Q-Q or A-K. So I’ve simplified the game down to one move, because that is the move the best pro in the world would make.

So, you buy in for $140 – let everyone else have the big stacks. You sit there and wait for one of those four hands. If you’ve got a maniac to your left, you limp in and let him raise it and go all-in when it comes back to you. You’re going to see one of those combos on average once in about 43 or 44 hands. So, say you’ve blinded down to about $120. If no one calls you when you go all in, you’ll have probably picked up about forty dollars. So now you’re at $160. Then you’ll blind down another $20 or so (your original buy-in), before you get a shot at it again. If someone does call you the first time, and you win, you’re at about $240 and you’re $100 ahead, so you cash out and put your name back on the list, or walk across the street to another casino and do the same thing.

It’s just money management. You cash out and buy back in for $140 and do the same thing again. It’s foolproof. It’s chump bait, because if you’re down to $140 and there are all these big stacks, and there’s already $60 in the pot, someone’s going to call you with a KJ suited or whatever.

"Chris “Jesus” Ferguson – who’s a good friend of mine – took a dollar and turned it into $20,000 over a five-month period using my system – just for a lark in his spare time. Isn’t that funny? They’re a little tighter online than they are in Vegas, so what you want to do is play four screens at the same time, each with sixty dollars. Doing that will actually make you more money. That comes to $37 per hour and some change."

[SirShortStack]

I don't remember whicm magazine I read Ferguson explains it in (either Bluff or All In) but I remember him saying one of the reasons for doing it was to work on his discipline.

He started using 10% of his bankroll due to size of the blinds. Went to 5% after he won. Also he lost the first $1.00 but if I remember correctly he was playing something other than Holdem with the first dollar.

[SirShortStack]

this is an audio link to Ferguson's methodology. Once you're in go to his money management clip.

http://www.fulltiltpoker.com/multiMedia.php