Monopolyouth Challenge

Yesterday, i joined an event organised by the youth group and people's association. It is a monopoly cum cashflow boardgame. Everyone knows how monopoly play so i will not explain here but as the cashflow is more of like a stock market exchange.

This is how the game works.

Team consists of 3 to 5 paxs (More people in a group doesnt mean it will increase the chance, just that you will have more goodies bag as the registration fee of $30 is the same)

Every team will have a passport throughout the game. This passport will help you to record all transactions of the whole game.

The main rules of game is to be the highest earner in order to win the top prize of $1000 cash. We are all given $20,000 as the base value.

Before the start of the game, every team was asked to roll the dice to see which station to proceed from the starting point at Jurong East. (We have to pay for our own transporation)Through the whole event, stock market will be updated. Each team will decide what to buy and sell in order to make the most profits out of it.

As for the monopoly part, it is works exactly like the board game we played but now each colour group comprises 8 properties instead of the 3 properties. In our usual monopoly board game, we need to have all the colour group in order to build houses but in this game, you only need two to build and have to build the houses evenly to each property.

As for the dice rolling, it is not the usual of addition, but it is multiplication. Should you have a number is double, you can roll any time and the number of steps will be increase. For example:
For 1st roll, you get 1, 4, 4 so the steps is 1x4x4=16, since it is double for 4, get to roll again. if it is 1,5,6, then it will be 1x5x6=30 so total steps is 46.

My team's first stop is CCK MRT. When we arrive there, the station master has NOT ARRIVED yet. OMG!!! we have to wait for them. When they arrived.. they still slowly setup, didnt even apologies for the lateness.

As we are been delayed.. we quickly roll our dice to see the next stop. At this stop, the stock-market is already updated as we are in the hurry to leave.. we didnt bought much on the lower cost shares. (only 5 lot each. should have bought 50 lot each and it will make a difference)

In any case, we proceed to our next station and do the stock exchange. At one point of time, we decide to station at one one location just to play stock market as we realised, no point travelling around as buy properties, doesnt help to earn much. (We travel about 6 stops, should have stop at the 2 stop, waste of transport $$$ too)

If we have just concentrate to play stock market due to large fluctuations throughout game, we maybe in the top 3 winners ($1000,$800, $500). If real life stock market fluctuates like this, i think many people will commit suicide.

In the end, we only have make 2 million in value. The winning team make 13 million in value. They are students from NUS high school major in maths & science. The 2nd & 3rd prize winner are from the public like us.

If there is a event like this next year, i will join again. I hope the organiser will make use of this time experience to improve on the game as there is a few hiccups.