What’s the Best Monopoly Strategy? Cortney Oates Lake Forest College Statistics Introduction Jail Illinois Avenue B&O Railroad Reading Railroad Boardwalk Park Place 5.89% 3.18% 3.06% 2.99% 2.63% 2.19% Single Throws All Throws 10 • The earliest form of “Monopoly” was created in 1902 and first patented in 1904. • 1904 version is called The Landlord’s Game. • In 1933 the board game resembling Monopoly today was issued. • 1974 First book dedicated to Monopoly The Markov Chain is described as the series of vectors v, Mv, M2v, M3v…etc. Each dice throw is outlines by matrix M working on the vector V. “The premises of the Markov chains is independent of all previous states–it only depends on the current state.” 0 Strategy • Own all four railroads if at all possible. It is the best way to stack up on cash, and there is no need to pour money into the railroads to add houses. • The next three strategies all include 3 houses on the following colors: orange, light blue, and light purple/magenta. Summary • Monopoly now has over 600 versions being sold worldwide. • Although Illinois Avenue has the highest probability of being landed on of any rentable property, putting houses on the reds should not be your first priority. • Don’t upgrade to Hotels, stay with 3 houses for the maximum profit. • Sitting in Jail for a few turns if your opponent has a lot of properties isn’t a bad thing. 1996 Article • Ian Stewart • Equal Distribution • How Fair is Monopoly References • • • • Buy houses early, and stick to only houses. You don’t need Hotels! 2 houses = 20 turns to break even 3 houses = Less than 20 turns Breaking-even can be reached on spot New York Avenue in only 10 turns • Stewart, Ian. "How Fair Is Monopoly?" Scientific American (1996): 104-05. Print. • "Monopoly Revisited by Ian Stewart." Mathematical Recreations. Web. 16 Nov. 2015. • Friddell. "Markov and Mr. Monopoly Make Millions." 2010. Web. 16 Nov. 2015. • "How to Win at Monopoly ® - a Surefire Strategy." How to Win at Monopoly ® - a Surefire Strategy. 1 Nov. 2007. Web. 16 Nov. 2015. www.postersession.com
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