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Bankroll built from freerolls. Any successes?

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After reading about Chris Ferguson's 0 to $10,000 challenge, I wanted to believe I could at least get started through freerolls. It took him over 2 years if I remember correctly. I won ten bucks at carbon (2nd place in 50 dollar fr)(I've told this story in other threads). Quickly I got it to a grand, realizing I was the greatest poker player ever, I moved up to higher buyin's, including the $100 50,000 tourney on Sunday's. Even quicker then I won it, I was back down to nothing, with nothing to show for it, except 73% of the way to the next tier in their rewards program. I just won a buck in the funstep3, I'm up to 4 now. Hopefully I can build it and learn from my past mistakes.

Anyone else ever build a bankroll starting from a freeroll?
Join: 2010/01/16 Messages: 143 Thanks: 2
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madjek wrote: After reading about Chris Ferguson's 0 to $10,000 challenge, I wanted to believe I could at least get started through freerolls. It took him over 2 years if I remember correctly. I won ten bucks at carbon (2nd place in 50 dollar fr)(I've told this story in other threads). Quickly I got it to a grand, realizing I was the greatest poker player ever, I moved up to higher buyin's, including the $100 50,000 tourney on Sunday's. Even quicker then I won it, I was back down to nothing, with nothing to show for it, except 73% of the way to the next tier in their rewards program. I just won a buck in the funstep3, I'm up to 4 now. Hopefully I can build it and learn from my past mistakes.

Anyone else ever build a bankroll starting from a freeroll?
After reading about Chris Ferguson's 0 to $10,000 challenge, I wanted to believe I could at least get started through freerolls. It took him over 2 years if I remember correctly. I won ten bucks at carbon (2nd place in 50 dollar fr)(I've told this story in other threads). Quickly I got it to a grand, realizing I was the greatest poker player ever, I moved up to higher buyin's, including the $100 50,000 tourney on Sunday's. Even quicker then I won it, I was back down to nothing, with nothing to show for it, except 73% of the way to the next tier in their rewards program. I just won a buck in the funstep3, I'm up to 4 now. Hopefully I can build it and learn from my past mistakes.

Anyone else ever build a bankroll starting from a freeroll?
[FONT="Franklin Gothic Medium"]Still working on bankrolls, but have managed to get miniscule ones going at most rooms I'm signed up with and a couple that could be called usable. But I'm playing mostly for fun and recreation and not to build a retirement fund. . .

Looks like you skipped over the chapters in books, or sections on websites, that deal with bankroll management. Might want to read them before rebuilding that 'roll. Good luck with the next attempt and look forward to hearing about your progress. . .[/FONT]
Join: 2008/12/20 Messages: 856
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madjek wrote: After reading about Chris Ferguson's 0 to $10,000 challenge, I wanted to believe I could at least get started through freerolls. It took him over 2 years if I remember correctly. I won ten bucks at carbon (2nd place in 50 dollar fr)(I've told this story in other threads). Quickly I got it to a grand, realizing I was the greatest poker player ever, I moved up to higher buyin's, including the $100 50,000 tourney on Sunday's. Even quicker then I won it, I was back down to nothing, with nothing to show for it, except 73% of the way to the next tier in their rewards program. I just won a buck in the funstep3, I'm up to 4 now. Hopefully I can build it and learn from my past mistakes.

Anyone else ever build a bankroll starting from a freeroll?
On sportbook I have gone from zero to 96 dollars in a year. It would be higher but I have lost about $40 sportsbetting, and $130 in the NFL Primetime promotion.
It really bites now that they have $75 freerolls, starting like a week ago. It was so easy to make 50c up to twice a day entering their $500 freerolls twice a day with a limit of 3000 people and 250 players getting paid. Double up chips one time then fold the rest of the tourney.
On all 3 of my pokersites playing over 3 years I am up a total of $500. Had pokerstars mail me a check for $200 and the other $300 is still spead out between pokerstars, bodog and sportsbook,all without depositing.
Join: 2008/12/11 Messages: 117
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SycoSteve wrote: After reading about Chris Ferguson's 0 to $10,000 challenge, I wanted to believe I could at least get started through freerolls. It took him over 2 years if I remember correctly. I won ten bucks at carbon (2nd place in 50 dollar fr)(I've told this story in other threads). Quickly I got it to a grand, realizing I was the greatest poker player ever, I moved up to higher buyin's, including the $100 50,000 tourney on Sunday's. Even quicker then I won it, I was back down to nothing, with nothing to show for it, except 73% of the way to the next tier in their rewards program. I just won a buck in the funstep3, I'm up to 4 now. Hopefully I can build it and learn from my past mistakes.

Anyone else ever build a bankroll starting from a freeroll?
[FONT="Franklin Gothic Medium"]Still working on bankrolls, but have managed to get miniscule ones going at most rooms I'm signed up with and a couple that could be called usable. But I'm playing mostly for fun and recreation and not to build a retirement fund. . .

Looks like you skipped over the chapters in books, or sections on websites, that deal with bankroll management. Might want to read them before rebuilding that 'roll. Good luck with the next attempt and look forward to hearing about your progress. . .[/FONT]
No, I read the section on bankroll management completely. But like I said, once I discovered I was the greatest poker player in the world, I didn't see the point in holding back, LOL. I will definitely do my best to follow Chris's advice on BR management if I get it going again. I do think you have to pay attention to the streaky nature of poker also, when your going good maybe be more aggressive, but when it starts going bad, it can get real ugly, it certainly did for me.
Join: 2010/01/16 Messages: 143 Thanks: 2
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madjek wrote: No, I read the section on bankroll management completely. But like I said, once I discovered I was the greatest poker player in the world, I didn't see the point in holding back, LOL. I will definitely do my best to follow Chris's advice on BR management if I get it going again. I do think you have to pay attention to the streaky nature of poker also, when your going good maybe be more aggressive, but when it starts going bad, it can get real ugly, it certainly did for me.
No, I read the section on bankroll management completely. But like I said, once I discovered I was the greatest poker player in the world, I didn't see the point in holding back, LOL. I will definitely do my best to follow Chris's advice on BR management if I get it going again. I do think you have to pay attention to the streaky nature of poker also, when your going good maybe be more aggressive, but when it starts going bad, it can get real ugly, it certainly did for me.
[FONT="Franklin Gothic Medium"]And that's why bankroll management philosophies exist: to put some kind of limit on the dramatic variance that is the nature of poker, especially as you're climbing the stakes ladder. . .[/FONT]
Join: 2008/12/20 Messages: 856
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SycoSteve wrote: No, I read the section on bankroll management completely. But like I said, once I discovered I was the greatest poker player in the world, I didn't see the point in holding back, LOL. I will definitely do my best to follow Chris's advice on BR management if I get it going again. I do think you have to pay attention to the streaky nature of poker also, when your going good maybe be more aggressive, but when it starts going bad, it can get real ugly, it certainly did for me.
[FONT="Franklin Gothic Medium"]And that's why bankroll management philosophies exist: to put some kind of limit on the dramatic variance that is the nature of poker, especially as you're climbing the stakes ladder. . .[/FONT]
When neteller stopped taking USA customers, I removed most of my money from the poker sites.I left only a small amount on Poker Stars, Full Tilt, UB, and Bodog(less than $100 combined). Now, I only use freerolls to build my BR on new sites.
Join: 2009/09/05 Messages: 85
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Arbuckle wrote: When neteller stopped taking USA customers, I removed most of my money from the poker sites.I left only a small amount on Poker Stars, Full Tilt, UB, and Bodog(less than $100 combined). Now, I only use freerolls to build my BR on new sites.
Interesting post mad, It is certainly true as Sycosteve says that bankroll management is an important skill to learn.
I think most people who have read a bit about it believe that this consists of only staking 5% or some other simple formula. I think Chris Ferguson's 5% rule is excellent and would recomend that that, and other rules he advocates are essential.
But, I also think it is essential to keep good records!
You have to record EVERY change to your br
You don't have to record every fr where you get no-where (though you can)
But you do have to record every buy-in and every win.!!
This will give you much tighter control over your br and especially your buy-ins. Using this method I see my br increase every month sometimes not by very much, especially in the early days of a fr based bankroll. The last few months it has increased more than before, but I will keep doing what I have been doing until I am sure this is not just variance, then SLOWLY increase my buy-ins.
This works because I would hate to have a negative month!! so I am careful.

Try it, you may be surprised what you can achieve :dirol
Join: 2009/06/07 Messages: 71
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Samango wrote: Interesting post mad, It is certainly true as Sycosteve says that bankroll management is an important skill to learn.
I think most people who have read a bit about it believe that this consists of only staking 5% or some other simple formula. I think Chris Ferguson's 5% rule is excellent and would recomend that that, and other rules he advocates are essential.
But, I also think it is essential to keep good records!
You have to record EVERY change to your br
You don't have to record every fr where you get no-where (though you can)
But you do have to record every buy-in and every win.!!
This will give you much tighter control over your br and especially your buy-ins. Using this method I see my br increase every month sometimes not by very much, especially in the early days of a fr based bankroll. The last few months it has increased more than before, but I will keep doing what I have been doing until I am sure this is not just variance, then SLOWLY increase my buy-ins.
This works because I would hate to have a negative month!! so I am careful.

Try it, you may be surprised what you can achieve :dirol
I am currently trying that on a couple of sites. Its tough going getting started. I managed to do it years ago on Doyle's before it was cake. He use to have lots of big bucks freerolls $500.00 and $250.00's. I won three 1st places in the 500 at $87.00 a win! I later used his Free bounty entry and cashed for $240.00 in it. Won 2 other tourneys later and withdrew $1200.00 bucks by Dec '08. Moving expenses forced me to withdraw the rest a couple of months later and then BAM😡 they all disappeared with the Cake merger. I have just a few bucks in there now that I'm nursing along.
Join: 2009/03/29 Messages: 399
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tallseas wrote: I am currently trying that on a couple of sites. Its tough going getting started. I managed to do it years ago on Doyle's before it was cake. He use to have lots of big bucks freerolls $500.00 and $250.00's. I won three 1st places in the 500 at $87.00 a win! I later used his Free bounty entry and cashed for $240.00 in it. Won 2 other tourneys later and withdrew $1200.00 bucks by Dec '08. Moving expenses forced me to withdraw the rest a couple of months later and then BAM😡 they all disappeared with the Cake merger. I have just a few bucks in there now that I'm nursing along.
I will be honest and say that I have no bankroll management at all. Mind you, I am also the type of player who plays for the fun of it and am not really looking at the big picture. I do not deposit and always play my winnings. I look at it as free money. The more I win the higher stakes I play. I have cashed out twice in my two years playing poker. Once for $280.00 on Pokerstars and another for $110.00 on Full tilt. I want the game to remain fun and I think once I start "playing by the book" It may become less interesting.
Join: 2009/10/25 Messages: 218
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keithdn68 wrote: I will be honest and say that I have no bankroll management at all. Mind you, I am also the type of player who plays for the fun of it and am not really looking at the big picture. I do not deposit and always play my winnings. I look at it as free money. The more I win the higher stakes I play. I have cashed out twice in my two years playing poker. Once for $280.00 on Pokerstars and another for $110.00 on Full tilt. I want the game to remain fun and I think once I start "playing by the book" It may become less interesting.
I think Bankroll management is my strongest point. I never play outside my bankroll. When I am on a slump I go to lower buy ins or only play freerolls until I feel like I am back to my A game. I have never gone broke and I cash out on average about once a month. All it takes is discipline and solid play.
Join: 2008/04/24 Messages: 95
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keithdn68 wrote: I will be honest and say that I have no bankroll management at all. Mind you, I am also the type of player who plays for the fun of it and am not really looking at the big picture. I do not deposit and always play my winnings. I look at it as free money. The more I win the higher stakes I play. I have cashed out twice in my two years playing poker. Once for $280.00 on Pokerstars and another for $110.00 on Full tilt. I want the game to remain fun and I think once I start "playing by the book" It may become less interesting.
I will be honest and say that I have no bankroll management at all. Mind you, I am also the type of player who plays for the fun of it and am not really looking at the big picture. I do not deposit and always play my winnings. I look at it as free money. The more I win the higher stakes I play. I have cashed out twice in my two years playing poker. Once for $280.00 on Pokerstars and another for $110.00 on Full tilt. I want the game to remain fun and I think once I start "playing by the book" It may become less interesting.

Im right there with ya I like to gamble too much so I get some cash and blow it when I should just build it up slow.
Join: 2009/12/30 Messages: 72
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thejuanupsman wrote: I think Bankroll management is my strongest point. I never play outside my bankroll. When I am on a slump I go to lower buy ins or only play freerolls until I feel like I am back to my A game. I have never gone broke and I cash out on average about once a month. All it takes is discipline and solid play.
I started playing online less than a year ago and have earned over $5k starting from nothing. Ive withdrawn almost 2k from poker sites. So yes you can, but you cant start a bankroll from freerolls and then think you can go play a $100 buy-in , thats not good BR management and thats whats its all about. Just grind it out at the lower levels where all the donkeys are. Dont be a Donk and blow it all in a tourney thats way above your level.
Join: 2009/06/15 Messages: 50
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