Monopoly question(board game)

I think house rules would prevail in most cases. If all property is already mortgaged and you land on a hotel and are out of cash I would say that person would be out of the game because they really don't have any bargaining chips left on the table.

Never heard of being able to sell it to the highest bidder, seems unfair in that it'd just hand the game to the richest player a lot of times. I thought you had to sell it to the bank, then that money went to the player who owns the property you landed on, and everyone then had a chance to buy the now available properties at the cheaper rate once they landed on them.

holy cow. i havent played monopoly since i was 12

I agree, most people play their own rules in that situation. If I'm remembering this correctly, I think the player goes out and those properties return to the bank mortgaged. then I think the bank auctions off the propties to any player in an effort to unmortgage the properties.... may be just some crazy house rules we play though haha

I think DonShula has the official rules. Around our place you're done.

In that situation, I believe the player mortgages all his property and pays the resulting funds to the player who bankrupted him. Then, the mortgaged property is audctioned off one piece at a time, with the money going to the bank. These auctioned properties remained mortgaged until such time as the players who buy them see fit to unmortgage them.

Whoops. DonShula was right. The situation I described only applies if the player goes bankrupt because of money owed to the bank -- not another player.

BANKRUPTCY
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You are declared bankrupt if you owe more than you can pay either to another player or to the Bank. If your debt is to another player, you must turn over to that player all that you have of value and retire from the game.
In making this settlement, if you own houses or hotels, you must return these to the Bank in exchange for money to the extent of one-half the amount paid for them.
This cash is given to the creditor. If you have mortgaged property you also turn this property over to your creditor but the new owner must at once pay the Bank the amount of interest on the loan, which is 10% of the value of the property.
The new owner who does this may then, at their option, pay the principal or hold the property until some later turn, then lift the mortgage. If they hold property in this way until a later turn, they must pay the interest again upon lifting the mortgage.
Should you owe the Bank, instead of another player, more than you can pay (because of taxes or penalties) even by selling off buildings and mortgaging property, you must turn over all assets to the Bank. In this case, the Bank immediately sells by auction all property so taken, except buildings. A bankrupt player must immediately retire from the game. The last player left in the game wins.

My father, a CPA, was a brutal Monopoly player. As a kid, you would literally end up in tears after a game with him.

"opfinistic wrote:

My father, a CPA, was a brutal Monopoly player. As a kid, you would literally end up in tears after a game with him.

CPA = Corporal Punishment Advocate?

that explains the tears....

"WharfRat wrote:

CPA = Corporal Punishment Advocate?

that explains the tears....

:pointlol:

Wish I thought of that when I was a kid. Tough having a CPA as a Dad. You need cash to go out for the weekend, he wants an itemized estimate on what you're gonna spend it on, then receipts. Try burying weed money in a $20 bill.

"opfinistic wrote:

My father, a CPA, was a brutal Monopoly player. As a kid, you would literally end up in tears after a game with him.

I can appreciate the pain you went thru, as a 6 year old my brothers would absoultely destroy me in monopoly, to the point where I would leave the game in tears. They were ruthless... but it was terrible luck, I would always roll the number required to land on the hotels of the expensive properties... ALWAYS!! :pity:

"PeaTearGriffin wrote:

When a player lands on a property that has hotels and does not have enough cash to pay the other player; and has already mortgaged all of his property. Would all of his property go to the player who owned that property or can he sell the property to the highest bidder to pay off the rent...but still be knocked out of the game?

rofl.... you've been watching the Fed too much.

if you were a financial company and the "bidder" were some suits in D.C., i guess you could play with those rules.... but only if the debt they were buying was distressed.

were you playing monopoly with Paulson & Bernanke? :lol:

"opfinistic wrote:

:pointlol:

Wish I thought of that when I was a kid. Tough having a CPA as a Dad. You need cash to go out for the weekend, he wants an itemized estimate on what you're gonna spend it on, then receipts. Try burying weed money in a $20 bill.

heh, the real reason he wanted those receipts was so he could deduct those expenses himself as business related expenses... brilliant. :yes:

"Paul 13 wrote:

I can appreciate the pain you went thru, as a 6 year old my brothers would absoultely destroy me in monopoly, to the point where I would leave the game in tears. They were ruthless... but it was terrible luck, I would always roll the number required to land on the hotels of the expensive properties... ALWAYS!! :pity:

Time to start a support group. :pointlol:

"Paul 13 wrote:

heh, the real reason he wanted those receipts was so he could deduct those expenses himself as business related expenses... brilliant. :yes:

You're probably right. I'm gonna contact him for my cut.

i once played a one on one game of monopoly with my dad as a kid. i lost in 13 minutes. 13. in monopoly.

he got around the board before me, and bought baltic and mediterranean and put hotels on them. meanwhile i had bought up a bunch of property my first time around. i hit both the purples and it bankrupts me. i barely got around the board once. most god awful board game experience of my life

that's acutally a good experience in Monopoly. it's the games that last for 6 hours that suck, haha

"pennphinfan wrote:

i once played a one on one game of monopoly with my dad as a kid. i lost in 13 minutes. 13. in monopoly.

he got around the board before me, and bought baltic and mediterranean and put hotels on them. meanwhile i had bought up a bunch of property my first time around. i hit both the purples and it bankrupts me. i barely got around the board once. most god awful board game experience of my life

One on one sucks. You can usually determine who will win by the second pass. Congrats on having the worst game of Monopoly in history. Ever.

Wow, cant believe I was right. Havent played Monopoly in years lol. Guess it's one of those games that stays with you.

mods please move this thread to the financial forum.

"texasPHINSfan wrote:

rofl.... you've been watching the Fed too much.

if you were a financial company and the "bidder" were some suits in D.C., i guess you could play with those rules.... but only if the debt they were buying was distressed.

were you playing monopoly with Paulson & Bernanke? :lol:

Yeah i know...it was one of the lamest arguments ever. It was my roommate and said he was bankrupted because he could still sell his property to someone else. He works for Bank of America so I guess he only plays by real world rules.

"unluckyluciano wrote:

mods please move this thread to the financial forum.

:sidelol:

good one! :up:

but.... no.