Auctioning Property in Monopoly the Board Game

Part of the Video Series How to Play Monopoly

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Learn the rules on auctioning property in the game of Monopoly in this free how-to video on the game of Monopoly.

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Posted by Seriously on Friday, 11 May, 2007 at 1:03 PM

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If you know your opponents have little cash, it IS wise to let a property go to auction and get it at a reduced price...

Video Transcript

Auctioning Property in Monopoly the Board Game
When a player lands on a piece of property and decides not to buy it, this property is then automatically auctioned off. The banker conducts the auction and the money received goes to the bank. Bidding for a piece of property may begin at any price. It does not begin at the property's original value as some believe. The player who passed the property is allowed to bid. Sometimes players let a piece of property they landed on go to auction in hopes of buying that property at a reduced price. Doing this is very rarely a good idea. Auctioned property usually ends up going for a lot more than the original price. Don’t get caught up in a bidding war and pay too much for a little especially if you just want the property to complete a color group. You should consider paying good money for a piece of property if it will prevent an opponent from gaining control of a color group. The only time you should let a piece of property go up for auction is when you cannot afford to buy it.

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Expert: Michale Siverio has been playing games his entire life. He is an expert at video, card and board games and will "pwn" any challengers brave enough to play him. Read More