Just as in poker, the game is often not about the cards you are holding, but about the person holding those cards. It makes me nervous just thinking about it." "I never buy more house than I can afford, in the game or in real life. "While I was writing the book I was also buying an apartment, so the Monopoly themes got really meta," says Pilon. But if you overspend and do not keep enough of a cash cushion in reserve, then you could go bust by landing on someone else's property. Of course you want to collect multiple properties. "You can have lots of money and properties, but a lot of the game comes down to human interaction and your ability to make deals with people," says Mary Pilon, author of the book "The Monopolists" about the origins and history of the game. That means that how you interact with people is going to affect the outcome. The bottom line: Know your game, in whatever market you are playing.Įven though there is now a mobile app, Monopoly is traditionally a face-to-face game. In particular, he shies away from the yellows (Marvin Gardens, Ventnor Ave and Atlantic Ave.), greens (Pennsylvania, North Carolina and Pacific Aves.) and dark blues (Park Place and Boardwalk). James Place) or the red (Illinois, Indiana and Kentucky Aves.), says Valentine.īut some that are popular with regular players are overvalued, according to Valentine. Most competitive Monopoly players tend to focus on the orange property group (New York Ave., Tennessee Ave. In Monopoly, some get landed on much more than others - Illinois Avenue and B&O Railroad most of all, according to the game's maker, Hasbro. Not all properties are created equal, as every buyer needs to know. It is all about location, location, location Some specific strategies to win in both Monopoly and life: "Know what your purpose is, keep your eye on the ball, and do it without being a bully," says Valentine, who was edged out by champions from Italy and Norway. who was the American representative and placed third at the World Championships in Macau offers a few tips.
With Monopoly just having turned 80 this year, many real-life personal-finance lessons can be learned from the classic money-loving board game, which is now made in 47 languages and sold in 114 countries.īrian Valentine, 30, the 8th-grade teacher from Washington, D.C.
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