Monopoly is a game to improve business skill. In fact, everything you learn in the game can be applied in real life situations. But before thinking about becoming a millionaire because you have played monopoly, you need to improve on your game first. Here are some important tricks and tips that can help you become a good monopoly player:
Pick the right properties
Many players would suggest that you buy all available properties you land on as long as you have the money to pay for them. While this may be a good idea on the first stages of the game, having properties that do not yield any profit is worth nothing. Buy smart. As much as possible, pick 2 or 3 properties of the same group or buy a property that blocks other player from completing a set.
Maximize low income mortgage
Build 4 houses quickly if you happen to own low income mortgage. This way, you create a building shortage that will hamper other players the chances to build on their rather expensive properties.
The Illinois Avenue and the B&O Railroad
Your token’s moves depend on the roll of the dice but for some strange reasons, the Illinois Avenue and the B&O Railroad are the properties most often landed on. Be the first to own these two to make exceptional profit.
3 houses are always better than 1 house
The rent rises significantly when you build 3 houses instead of 1 or 2. If funds permit, build 3 houses as quickly as possible. Try to monopolize all the properties in a group. This way, you increase your opponent’s chances of having to pay for the rent.
Prefer railroads over utilities
Of course it is good to own everything but if opportunity arises, try to purchase railroads over utilities. If you land on the B&O Railroad, purchase it right away. Short Line, however, is the least visited railroad on the board so try to reconsider and assess your financial positions before buying.
It is sometimes better to stay in jail
Early in the game, it is worth paying $50 to get out of jail. In fact, experts of the game advice to get back into the game immediately after you landed on the jail. But if the board becomes very risky to move around, especially on the latter part of the game when all the properties have been bought, staying in jail is a better choice.
Monopolize the Orange Properties
If the Illinois Avenue and the B&O Railroad are the properties most often landed on, the jailhouse is the ‘space’ most often landed on. A roll of 6 or 8 (two of the most common rolls in dice) from jail lands your opponent on orange properties. If you own them, you will get the ROI fast.
Do not mortgage a property where you own two or more of the properties. Remember that you cannon build on any properties in that group if one of its properties is mortgaged.
Know the rules
The reason why Monopoly is so popular is because it is a good game. But most players tend to overlook the importance of the rules. Read the official rule book and make it known to all the players. This way, everyone is on the same page and understands how the game is properly played, which helps everyone to become better.