When you're as good as Daniel Negreanu at poker, sometimes you have to invent ways to challenge yourself.
Well, here you go.
Negreanu is taking $10 and wants to turn it into $100,000.
Perhaps you remember Chris Ferguson turning nothing into $10,000 (in fact, the feat inspired the Chasing Chris Ferguson project here at PokerWorks). Kid Poker's taking it even further, trying to transform peanuts into platinum.
Negreanu, of course, is using some specific rules, and we could all learn something about bankroll management from them. They include: • No moving up in limits until his bankroll has 500 big blinds for the new limit. • Buy-in to each session should be 1/5th of his current bankroll. • He's only playing NLHE cash games, and he's playing full ring games when possible. • If his bankroll is doubled in a session, he'll quit at the end of the blinds to protect his roll. • Once at $5/10, the number of required blinds may go up, at his discretion. • At the higher limit games, the buy-in per session may be reduced to 1/10th.
Not surprisingly, Negreanu has already made enough at the .01/.02 level to move up in limits. He won $15.26 in 786 hands and won in 76 percent of his sessions. He credits his experience with limit hold 'em in helping him get maximum value for his hands at the micro-stakes he's currently playing.
He's now at .02/.05. If you want to follow his progress, download PokerStars now and you'll get a 100 percent matching bonus up to $50. You must enter the marketing code of POKERWORKS upon registration and the bonus code of STARS50 upon your first deposit.
Negreanu typically sits down at 11 p.m. Pacific-Standard Time to play his $10 challenge. Next stop? $50. Watch Negreanu join the rest of us in grinding it out.