Monopoly is one of the most popular board games in the world. According to Hasbro, the creators of Monopoly, more than seven hundred and fifty million people have played the game. And in each of those games there was a banker. There are a few things you’ll need to know if you want to be a great Monopoly banker.

As you may think, the banker’s job is to manage money. The first thing the banker should do is give each player their starting money. The initial money amounts to $1500, but must consist of the following invoices:

2 – $500 bills

2 – $100 bills

2 – $50 bills

6 – $20 bills

5 – $10 bills

5 – $5 bills

5 – $1 bill

If you’re like me and have an old Monopoly board, you may not have the instructions in the box anymore. If that’s the case, then it’s important to remember how much each player gets when you start playing Monopoly.

The banker will also pay each player $200 each time Go passes. This is an easy task to remember, but you should let the players ask for their $200. If the player’s role is doubled and he then rolls the dice again before asking for his $200, he does not need to pay it. If you are playing a friendly match, you can choose not to apply this rule. But if it’s a heated battle between serious Monopoly rivals, you might want to use this rule to your advantage. Decide with your fellow players before the game begins how closely you will follow the rules to avoid confrontation.

The banker is also responsible for collecting the money when players buy property. When you land on a property, that play can buy it for the price listed on the board (and also on the deed). If the player chooses not to purchase the property, it is auctioned. As a banker, you are in charge of the auction. But that’s really simple. Whoever has the highest bid gets the property. You can make it more entertaining by trying out his fast-talking auctioneer routine, but that’s up to you.

Towards the end of the game, when players are unable to pay the rents on the properties they stay in, the bankruptcy will also be handled by the banker. If he turns over the deed to any Monopoly property, the mortgage price appears on the back of the card. Just pay the mortgage price to your lucky player so they can pay the rent.

In some of the newer versions of Monopoly there is an electronic banker that makes the game easier. But it’s still good to know how to be a good Monopoly banker in case you ever run out of batteries.