[Jyaif]

Well played! And this strategy is actually easy to execute.

The probability for executing this strategy is: P(3)+P(5)+P(6)+P(8)+P(9)+P(11)+P(12) * P(4).

Plug in the numbers from https://statweb.stanford.edu/~susan/courses/s60/split/node65...

(0.0556+0.1111+0.1389+0.1389+0.1111+0.0556+0.278)*0.0833 = 0.07407036

So 7.4%.

[sokoloff]

Times the probability that player 2 decides to bid all of their cash for a single property…

[treeman79]

I could see my kids easily getting into a bidding war.

[lisper]

https://en.wikipedia.org/wiki/Dollar_auction

https://freakonomics.com/2008/12/16/an-all-pay-auction/