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Essentially, games based on chance are games that have outcomes based on a "randomizing" function or device. These randomizers can be dice that are rolled, cards that are shuffles, a spinning arrow that lands on an outcome or even a roulette wheel.

One of the most famous games of chance is a board game called Monopoly. Most people in the industrialized world have played Monopoly, and it is easy to see once the game is played that it has many elements built into it that designate it a game of chance.

The game starts by a player rolling two dice. Whatever the dice read (let’s say that the player has rolled a six) signifies how many spaces clockwise on the board the player moves his or her game piece. So the player moves the game piece up six spaces to land on Central Avenue. The player can then choose to buy the deed to Central Avenue or leave it for the next player to potentially buy.

Central avenue is part of a group of three properties, all of which when combined form a Monopoly. Once a player has bought all three properties from the same group, that player has formed a Monopoly and can then set up houses and hotels on their property. Each new house or hotel placed on said property increases the rent for the other players who land on it. Basically, the game is won when one player controls all of the money and property.

For instance, there is just as much a chance that a person will land on the space requiring him or her to "go to jail" or on the "Chance" space, or on the "Income Tax" space, where you either have to pay $200 or a percentage of your total worth. There are also elements at play later in the game whereby one player may have several monopolies, but no one is landing on his or her properties and having to pay the high rents. Or the opposite may occur whereby a player may have a several valuable monopolies, and just about every other player is landing on his or properties and having to pay extremely high rent until everyone is out of money entirely.

Because all of these outcomes involve the rolling of dice, the only true designation for the game of Monopoly is that of a game of chance. While a person might be skilled at deciphering which monopolies are the best to own and which will yield the best revenue once the proper investments are made, in the end, it only comes down to the luck of the dice roll. If your dice rolls are fortuitous, then you will likely win the game, but there is no way to train to be a good dice roller, that’s for sure.

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