''Pit'' is a fast-paced
card game
A card game is any game that uses playing cards as the primary device with which the game is played, whether the cards are of a traditional design or specifically created for the game (proprietary). Countless card games exist, including famil ...
for three to eight players, designed to simulate
open outcry
Open outcry is a method of communication between professionals on a stock exchange or futures exchange, typically on a trading floor. It involves shouting and the use of Hand signaling (stock market), hand signals to transfer information pri ...
bidding for
commodities
In economics, a commodity is an economic good, usually a resource, that specifically has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.
Th ...
. The game first went on sale in 1904 by the American games company
Parker Brothers
Parker Brothers (known as Parker outside of North America) was an American toy and game manufacturer which in 1991 became a brand of Hasbro. More than 1,800 games were published under the Parker Brothers name since 1883. It remained family owne ...
.
[History of Pit]
at boardgamegeek.com. Accessed August 2007
The inspirations were the
Chicago Board of Trade
The Chicago Board of Trade (CBOT), is an American futures exchange, futures and options exchange that was founded in 1848. On July 12, 2007, the CBOT merged with the Chicago Mercantile Exchange (CME) to form CME Group. CBOT and three other excha ...
(known as the Pit) and the US
Corn Exchange. The game itself was likely based on the very successful game ''Gavitt's Stock Exchange'', invented in 1903 by Harry E. Gavitt of
Topeka, Kansas
Topeka ( ) is the capital city of the U.S. state of Kansas and the county seat of Shawnee County. It is along the Kansas River in the central part of Shawnee County, in northeastern Kansas, in the Central United States. As of the 2020 cen ...
.
While the name ''Pit'' remains trademarked in many countries by
Hasbro
Hasbro, Inc. (; a syllabic abbreviation of its original name, Hassenfeld Brothers) is an American multinational corporation, multinational toy manufacturing and entertainment holding company founded on December 6, 1923 by Henry, Hillel and Herma ...
, versions of the game have been marketed under names, including Billionaire, Business, Cambio, Deluxe Pit, Quick 7, Zaster.
As early as 1904, the attributed
clairvoyant
Clairvoyance (; ) is the claimed ability to acquire information that would be considered impossible to get through scientifically proven sensations, thus classified as extrasensory perception, or "sixth sense". Any person who is claimed to ...
Edgar Cayce
Edgar Cayce (; March 18, 1877 – January 3, 1945) was an American clairvoyant who claimed to diagnose diseases and recommend treatments for ailments while asleep. During thousands of transcribed sessions, Cayce would answer questions on ...
claimed he had developed the game and sent it to Parker Brothers.
Contents
Different versions of the game contain different numbers of cards. The original edition has 63 cards, with nine cards each of the seven different commodities. Later editions added an eighth commodity, along with a Bear card and a Bull card, for 74 cards total.
Originally, the commodities and values were the following:
Newer versions include seven or eight commodities, with Flax, Hay and Rye removed from the list of commodities:
The 100th anniversary edition, released in 2004, included a reproduction of the original edition as well as a brand new edition that featured 8 "modernized" commodities:
Versions of the game starting in the 1970s contained a bell used to start trading. The first player to hold all nine cards of a commodity would ring the bell.
Play

The number of commodities included in each round is equal to the number of players. Each player is dealt nine cards; two players get ten if the Bear and the Bull are included in play.
''Pit'' has no turns and everyone plays at once. Players trade commodities among one another by each blindly exchanging one to four cards of the same commodity. The trading process involves calling out the number of cards one wishes to trade until another player holds out an equal number of commodity cards. The two parties then exchange the cards face down.
Winning
As soon as a player has nine cards of the same commodity in hand, they must reveal their entire hand (e.g., by throwing the cards onto the middle, or the corner board if available) and call out "
Corner on (the name of the commodity they are holding)!", ending the round. That player then earns points equal to the number value of the commodity they were holding. In deluxe editions of the game, the player with a full set of nine has to ring the bell before revealing their hand.
The first player to reach an agreed-upon point total wins the game.
The Bear and the Bull
The Bear card serves as a hazard for all players, as its holder may not declare a Corner even while holding all cards of the same commodity.
The Bull card is considered
wild and can be used to complete any set. When it is in play, a player can win a round in any of the following ways:
* Holding all nine cards of the same commodity, as described above, with or without a tenth card in hand
* Holding eight cards of one commodity and the Bull ("Bull Corner")
* Holding all nine cards of the same commodity and the Bull ("Double Bull Corner"), which awards double value
At the end of a round, the Bear and the Bull each impose a 20-point penalty on any non-winning player holding them. It is possible for a player's score to go below zero. The Bull and Bear may be traded individually or with any number of cards of one commodity. However, the four-card limit for a single trade still applies.
Reviews
*''Games and Puzzles''
*1980 Games 100 in ''
Games
A game is a Structure, structured type of play (activity), play usually undertaken for entertainment or fun, and sometimes used as an Educational game, educational tool. Many games are also considered to be Work (human activity), work (such as p ...
''
*''Family Games: The 100 Best''
References
{{DEFAULTSORT:Pit (Game)
Card games introduced in 1904
Dedicated deck card games
Parker Brothers games
Economic simulation board games