Basic Monopoly Rules

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Matt Young
Game Theory Expert
512-989-8877

Matt Young began playing Monopoly during the harsh winters of his youth in Colorado.  He currently studies game theory and mathematics at Rochester Institute of Technology where portions of his studies are devoted to modern games of chance, including Monopoly.  An experienced and skilled player, Matt also works hard to understand the principles and theories that make this game so great.

Basic Monopoly Rules

Matt Young, mathematics and game theory major at Rochester Institute of Technology, explains how to play Monopoly.

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Matt Young: Hi, I am Matt Young, and this is how to play Monopoly. Now I will be discussing the basic rules and preparations you need to play a game. First, you're going to need to choose the banker. The banker needs to be someone who is trustworthy and above all good at math, because it's their responsibility to watch after all the money and the properties in the game. The banker must keep their money separate from the banks money if they are going to play monopoly, and if there are more than five people playing, the banker can choose to act solely as banker.

Firstly, they must distribute the money amongst each of the players in the game, and each player gets two $500 bills, two $100 bills, two $50 bills, six $20 bills, five $10 bills, five $5 bills, five $1 bills. They are also responsible for selling the property cards and the houses and hotels according to who wants to buy through out the game play. They must distribute salary and bonuses, which can be gained through the community chest and chance cards. They are also responsible for lending money from mortgages, when someone wants to sell their property. Once you have chosen a banker, and distributed all the money, you are ready to begin. Banker is also the first person to roll the dice. So once everyone has chosen a token to play with, the banker rolls. You roll two dice at once. If you roll doubles, you got to keep rolling, and if you roll three doubles in a row, you have to go to jail. That was the basic rules of the game and the preparation before you begin the game, and next I will be talking about the land earning rules.

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