Vocabulary Auction: Preparation
There are plenty of variations of auction games, but vocabulary has the least amount of preparation involved. It will be more fun if you have fake money, poker chips, etc. Begin by having the students list vocabulary they have been studying. Try to get at least 20 terms from them. Next, divide the class into groups of 3-4. Give each group a budget of $1000 and have them bid in increments of $50-100. (Note: if you are using money or tokens, you will need your own supply, to pay out groups who double down.)
Vocabulary Auction: How to Play
Once you have the list on the board, auction every word away to the highest bidder. As groups run out of money, they have to stop bidding. This is where money or tokens come in handy, because you can collect the money and groups can’t become overdrawn. If students will just be working with a budget, have each group nominate a treasurer to keep track of spending. The treasurer should also keep track of unsuccessful bids. As bidding slows, like an auctioneer, say, “Going once, going twice, SOLD!” A mallet is fun, if you have one. If you teach children, your school may have a giant plastic one kicking around somewhere.
Vocabulary Auction: Finishing Up
Now that the auction is over, it’s time for students to try to win their money back. Go down the list and have the winning group define the word. If they can, they get their money back, and can double down by using the word correctly in a sentence. If they cannot, the second highest bidder gets a chance. If they are also unsuccessful, the next highest bidder gets a chance, and so on, until one group gets it right. When all terms have been defined, the winner is the team with the most money.
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