Rules of the Chris Ferguson Challenge

In case you are unfamiliar with the Chris Ferguson challenge, Full Tilt pro, Chris Ferguson attempted to turn $0 into $10,000. He started with freerolls and following some bankroll management rules, he was able to turn his freeroll winnings into $10,000. The total time to acheive this was about 16 months. The bankroll management rules he used are as follows:

1. He never bought into a cash game or a Sit & Go for more than 5 percent of his total bankroll; the only exception was at the lowest limits: he was allowed to buy into any game with a buy-in of $2.50 or less
2. 
   He didn’t buy into any multi-table tournaments for more than 2 percent of his total bankroll; the only exception was $1 MTTs
3. 
   If at any time during a No-Limit or Pot-Limit cash-game session the money on the table represented more than 10 percent of his total bankroll, he had to leave the game when the blinds reached him

I am going to attempt to replicate his achievement with the exception of the freerolls. With my schedule it is hard to get registered for the freerolls before they start. Instead, I will start with the minimum deposit Full Tilt allows, $50. For more details of the Chris Ferguson challenge visit Full Tilt and look at Chris Ferguson's bio.