I'm not sure if Tournies are going to be included in the end. But for now I recommend just doingsome Tournies in Tudor to get money. God I wish I'd figured that out earlier! Saving up the hard way took FOREVER.
Just have 6 or 7k on you, and bet 1000 each round. As Gutts, most of those ones shouldn't be hard since they're mostly melee. And remember you can pick up other weapons even in tournaments in case you get unlucky and have a bow.