January 2, 2021

A person picking up dice lying on a board of monopoly with a miniature car on it

Invented by Charles B. Darrow in 1934, monopoly is among the most popular board games in the world. Both children and adults enjoy it, and it can teach you a thing or two about managing money, making investments, and other skills with real-life implications.

In this article, we will cover the basics of monopoly, beginning with its history and how much money do you start with in monopoly. We will also discuss other aspects, such as how the money is distributed and the rules you need to follow. Let’s begin.

Tracing the Origins of Monopoly

As mentioned at the onset, monopoly was invented by Charles B. Darrow. He resided in Germantown, Pennsylvania. Darrow did not have a job at the time and would play monopoly to keep himself busy.

He enjoyed it since it held the promise of achieving fame and fortune, something that was unattainable for Darrow at the time.

Eventually, Darrow went on to present the game to the management at Parker Brothers. He also sought help from a friend who ran a printing facility and was able to sell 5,000 sets of the game to a department store in Philadelphia.

As the game grew in popularity, Darrow eventually made arrangements with Parker Brothers to take over production. In 1935, the company acquired the rights to monopoly. Since then, it has become one of the most popular games played in the United States, as well as the rest of the world.

So far, monopoly has been published in more than 80 countries. It has also been printed in over 26 languages.

How Much Money Do You Start With In Monopoly?

As a game, monopoly focuses on the inflow and outflow of cash from a central bank. Specific rules guide you on:

  • The amount of cash held by the bank
  • The amount of cash distributed to each player at the beginning of the game
  • Borrowing more money from the bank
  • What to do if the bank runs out of money

Amount of Money in the Bank

One of the first things you need to know when playing monopoly is the amount of money available. In the case of banks, the total amount of money varies depending on the year the game was published.

If you are playing a monopoly game published before 2008, the bank will have $15,140 at the onset. For games released after 2008, the bank has $20,580.

Monopoly money is distributed into multiple bills of different colours. You will find:

  • $500 bills (20)
  • $100 bills (20)
  • $50 bills (30)
  • $20 bills (50)
  • $10 bills (40)
  • $5 bills (40)
  • $1 bills (40)

The number and colours of the bills will vary depending on the year too.Besides money, the bank also holds all the houses and motels. There are 12 motels and 32 houses altogether.

Amount of Money Distributed to Each Player

If you are wondering how much do you start with in monopoly, the answer is $1,500. This amount is typically spread across multiple bills to make transactions easier. You can use the following combination:

  • 2 $500 bills
  • 4 $100 bills
  • 1 $50 bill
  • $2 $10 bills
  • 1 $5 bill
  • 5 $1 bills

What Can You DoTo Earn More Money?

You know how much money do you start with in monopoly. That’s not all there is to it, though. As a player, you need to use the initial amount ($1,500) provided to you and make investments to accumulate more cash. You can do this by:

  • Buying a property
  • Owning utilities and charging utilization expenses to players who land on the utility. This will be as per the amount of money written on the Title Deed card.
  • Purchasing airports and gathering expenses from players when they land on it. Once again, this will depend on the sum indicated on the Title Deed card.
  • Building houses and motels on a property you own and collecting rent from players that land on them.

What Can You Do If You Run Out of Money?

Now, suppose that you have been exceptionally unlucky and have to pay more in expenses to other players than what you are earning. Eventually, you run out of money. What can do you here? Should you exit the game? Not necessarily. There are several options you can consider instead. These include:

  • Offering and selling the property you own to other players at an agreed-upon price.
  • Offering and selling houses, motels, and hotels to the bank. In this case, you will receive 50% of the sale price listed on the deed card.
  • Offering and selling airports, utilities, and sites to other players at an agreed-upon price.

Monopoly also allows you to mortgage a property in exchange for cash from the bank. You can reimburse the mortgage laterand start collecting rent again. The reimbursement will include interest.

Mortgaged properties can also be sold to another player. This allows you to collect cash, and you no longer have to pay interest.

If you have exhausted all these options and the money you owe to another player or the bank exceeds what you have available, you must declare bankruptcy and exit the game.

What Can You Do If the Bank Runs Out of Money?

In some cases, the bank can also run out of money. For instance, if a large number of players are involved, then it is possible the bank will not have a sufficient amount of cash available for lending.

If this happens, you can create your own bills out of paper. You can also use poker chips or checkers and assign various values to them depending on the colour. There is also the option of purchasing genuine monopoly money from a toy store or an online site.

Wrapping It Up

Knowing how much money do you start with in monopoly is only the beginning. There are plenty of other rules that guide this game. If this is your first time playing monopoly, it may take a while to get thehang of it. However, once you do, you will find it can be a lot of fun to play.

Remember, the main goal here is to survive until the end. You need to make smart investment choices and buy properties to continue charging players and accumulate more cash. The last player left, after everyone else exits, is the winner.

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