Friday, September 14, 2007

Broke Back Furgey

Looks like a ton of people are doing the Furgey. The basic premise is to taking small amounts of dollars and prove that you can run them up to 10K or more in a short amount of time (6 months). I have read a bunch of people trying this out with varying results. I am kinda doing this now myself. So far I have about 6 sessions under my belt. I have been mostly playing HU SNGs and my results have been good. I have run my initial stake up from $2 to $26.. and I get an free influx of cash from advertising soon which will jump it up to $75. Here are some of Furgey's guidelines as published on Full Tilt.

He never buys into a cash game or a Sit & Go with more than 5 percent of his total bankroll (there is an exception for the lowest limits: he is allowed to buy into any game with a buy-in of $2.50 or less).

So this limits me to 3.25 buyin games, at $100 I can start playing $5 games.

He doesn’t buy into a multi-table tournament for more than 2 percent of his total bankroll, but he’s allowed to buy into any multi-table tournament that costs $1.

This severely limits the MTTs I can play and puts them off the play list until we reach the $250 mark. It is sort of a shame since I think MTTs are a strong point of mine.

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 his total bankroll, he must leave the game when the blinds reach him.

This one is interesting. So he plays cash with a stop win limit. I have heard many different opinions on this.. I doubt I am going to play any $5 cash tables.. who knows, maybe.. but basically once you double up you have to leave. hmmm.

Is anyone else attempting the challenge? I looked at his graphs and the first four months are the hardest.. once he go a toe hold and hit around $500 he was able to skyrocket his bankroll very quickly to 10K. I assume this is because his game is very strong and as he moved up he did very well against the fields of semi-retarded people. I have no idea if you should expect the same results especially in just six months. It may be a little high to shoot for someone who is not a poker professional.



Blogger TripJax said...

I'm pretty sure he - and the bulk of people attempting this challenge - don't include the influx of advertising dollars as a boost to the challenge.

That's sort of a special olympics challenge.

1:09 PM

Blogger SirFWALGMan said...

I understand thats an advantage.. but the goal is going from 0-10K.. so if a little extra gets added in then so what. Its outside the parameters of the game but I am really focused on the end goal.

1:17 PM

Blogger jamyhawk said...

The last one is interesting because I have been thinking about that lately. At what point do you leave a table? If you felt a couple of people and they reload, do you keep playing them or get away since they are tilting and now playing a different range of cards?

I hate leaving after just doubling up, but I think at some point there is a value or benefit to leaving and playing with diffent people. It seems that if you are successful in seperating a player from their chips, then they will alter their playing style, sometimes drastically.

I like the good ole fashioned: watch for a betting style and then exploit it. Major changes in bettng style require too many changes for me in my game play.

Then again, some people reload and play the same 'ol crappy way. Freeeeeeee Money!

But my bankroll is small (~$1,000), so what do I know?

2:03 PM

Blogger ScurvyDog said...

"I understand thats an advantage.. but the goal is going from 0-10K.. so if a little extra gets added in then so what. Its outside the parameters of the game but I am really focused on the end goal."

Using that logic, I think the best way to reach your end goal would be to deposit $10K, slap yourself on the back, and call it good.

3:01 PM

Blogger Instant Tragedy: Just Add Sean said...

I've been doing the Furgey myself and it drives me crazy now in the early stages, probably when I have built up the bankroll I will be more comfortable.


8:16 PM

Blogger jusdealem said...

I've tried this, too, but I didn't adhere to his rules, so I obviously didnt have the same results. I started in the freerolls, cause unlike you lucky bucks, I dont get the FT ad money.
I built it up from 0 to $20 and lost it all playing NL cash. I was heartbroken! I'm starting over again.

8:43 AM

Blogger Butch Howard said...

I'm doing the Furgey with the exception that I did not start with zip but with my current bankroll and just using that as a bankroll management plan.

On the last point, it is a stop-win limit but even more so it is a time-to-rathole limit.

10:49 AM


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