Ever since we have purchased the Monopoly board game, it has become a weekend ritual for us. Almost every Friday/Saturday night Jo would pull out the board, currency, wooden dice, small houses and deed cards and spread them.
We are in for a surprise after playing the game for few weeks. As kids we thought the game is a GAME, ie random to high extent but fun. But as we develop an eye for the detail, the game does come out to be rather unfair. How else can you explain that one of us is paying rents through their noses to the other one owning reds and oranges and how else can you explain that the one who purchased properties next to GO seldom gets a visitor, including themselves. We started questioning, is monopoly fair? And thats where I set out to find it myself.
For starters, The monopoly board has 40 cells, and every player starts at GO. The moves are decided by sum of the faces on a 2 dice throw. If you get a double you get to throw again.
I have tried to simulate the game using excel. I have observed all the rules like community chest / chance cards, Jail and go to jail. But I have not observed doubles rule for I thought it had little impact on the outcome. I wanted to see if the expected probabilities of each cell (which is 1/40 or 2.5%) are close to the actual probabilities.
When I ran the simulation for 10000 dice throws for 4 players, the absolute difference between expected probabilities of each cell, color group are more or less near to the actual probabilities as you can see in the below charts. (click on them for bigger versions)
The maximum deviation is to the tune of 6% for individual cells and 1.93% for a color group (for there will be cancellations in color groups, as one cell gets more visitors the other would get less)
But that is not we experience when we play the game. We end up landing in Jail or a chance an awful lot of times more than we expect to land there. Thats because, no one ever plays a 10000 throw per person game, not in day to day versions. Its more like 200-400 throws. So when I ran the same experiment for 200 turns for 4 players, the results were more interesting as you can see them below.
As you can see the deviation in the actual probability and expected probability is huge. Some times 60% more for individual cells and 20% for color groups. This I guess explains the reason behind the Monopoly game strategies like buy anything in Orange and Red groups etc.
Obviously one fault of this experiment is if you run it again the actual probabilities are going to change in favor of something else. But almost always far from the expected results.
Write to me just in case you want to play around with my monopoly board game simulation excel sheet, I can mail it. The file is rather huge for upload.
Related links: Monopoly Wiki, Monopoly Fun Facts & Strategies, Similar Monopoly Simulations [1, 2]

















11 Responses to “FREE Calendar & Planner Excel Template for 2025”
Hi,
I downloaded this 2025 Calendar template. I checked the custom tab. Is it possible to change the weekend Fri & Sat.
Thanks
It is. Just use the option for fri & sat weekend (should be 7).
Activities of some dates are not getting displayed on "Any month" and "printable calendar" sheets.
e.g. Activity of 24 Apr 25.
Can you check again? The date in "planner" sheet should be a proper date. When I tested with 24-apr-2025, it works.
Love this calendar... I have highlight planner dates enabled but all dates are blue, is it possible to customize the color based on the type assigned to each date?
What would be the right way to add more Holidays in the Customizations?
Inserting rows in the Holiday List causes the blank cells in the calendar to turn Blue.
This is amazing!!! The best I've seen so far!! Is it possible to update it to consider a column for the final date? That way, if an event lasts more than one day, it repeats in the calendar
How do we change/insert the customization "Icon Options" ?
You can adjust these from the settings tab.
Is there anyway this can turn into an academic calendar (ie. start month is July and runs all the way through June of next year)?
Is there a way to make it something that is more than a day without having to add it to every day of that week.