Of course he has skill and experience but he also credits his bankroll management as a reason he was able to generate so much money from nothing. His rules were as follows:
- 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).
- 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.
- 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.
"Even today, people don't believe it's really me when I sit down at Full Tilt's small stakes games. They ask what I'm doing down here, and often tell me stories about how they turned $5 into $500 or $100 into $1,000. Usually, these stories end with the person telling me that they went broke. There's no surprise there. These folks tried to quickly build a bankroll by gambling. They'd play in a game that was beyond their bankroll and, if they happened to win, they'd move up to a higher limit and risk it all one more time. Inevitably, they'd lose a few big hands and go broke."
I think this is a brilliant campaign by Full Tilt and I applaud Jesus for having the patience and discipline to execute the challenge. Looks like he started in about Mach 2006 and you've got to figure over that year+ that he must have had so many times when he was down at micro-limits and shaking his head in disgust at the screen as he watched severe d0nkage. His perseverance is remarkable especially in light of the fact that he could probably whip out 10K in cash as easily as we could pull $100 out of our wallets. Congrats to Chris on his accomplishment and take from it what you will about bankroll management.