Warning! This article contains spoilers for Squid Game season 2.
Squid Game season 3 will introduce its own set of unpredictable twists and turns, but viewers can still draw many theories about its story beats based on season 2's narrative developments. While it is debatable whether Squid Game season 2 matches the high standards set by its predecessor, it undoubtedly presents a grittier drama where the main character, Gi-hun, finds himself facing even bigger challenges. With each episode, the season raises the stakes for its main characters by highlighting how unbiased and unforgiving the central death games can be.
Although many players die in Squid Game season 2 by the time its finale's credits start rolling, the show leaves enough of them alive to continue their stories in the next installment. Squid Game season 2 also ends with a divisive cliffhanger that intentionally leaves viewers with a harrowing sense of uncertainty. Since it leaves a lot to look forward to, it is hard not to come up with theories about how Squid Game season 3 will unfold and potentially end the Netflix Korean drama's run.
10
Gi-hun & The Remaining Players Will Be Forced To Continue The Games
The Villains Will Outnumber The Heroes In Squid Game Season 3
Squid Game season 2's mid-credits scene confirms that even though Gi-hun and the heroes disrupt the games with their rebellion, the games will continue in season 3. While G-hun and the team were out there fighting the guards, the VIPs were likely having a good time betting their money on who would survive. They might have incurred some losses after the destruction caused during Squid Game season 2's ending arc. However, they are a little too wealthy to care about minor hiccups, and their desire to watch the players die would only grow stronger after season 1's events.
The Squid Game's winner gets 45.6 billion won, which makes it hard not to wonder how much the prize money amounts to in USD after currency conversion.
Since many of Gi-hun's allies, who had voted for the games to end, die in Squid Game season 2's final moments, the players who want the games to continue will easily outnumber the rest. With this, the players who wish to leave will not be able to win the next round of voting, forcing them to stick around for more games.
9
Gi-hun Will Die Saving Another Main Character
Season 2 Might Have Already Set Up His Death
After Gi-hun's team saves the shaman, Seon-nyeo, in Squid Game season 2's Mingle game, she looks at Kim Jun-hui and has a premonition. Realizing that Jun-hui is pregnant, she announces a prophecy, claiming that there is a reason why Gi-hun has managed to survive for so long. She tells him that he has a purpose to fulfill, which seemingly hints that Gi-hun will ultimately die saving Jun-hui. This would make sense since it would also redeem him and help him forgive himself for not being able to protect Cho Sang-woo in Squid Game season 1's ending and Jung-bae in season 2.
8
The Red Light, Green Light Game Will Be Deadlier
Season 3 Will Introduce Another Doll
Shedding light on Squid Game season 2's mid-credits scene, the show's creator, Hwang Dong-hyuk, confirmed season 3's "Red Light, Green Light" game will introduce a new giant doll, Cheol-su. While he refused to reveal the doll's role, season 2 seems to have already hinted at why the doll will be added to games. In Squid Game season 2's episode 3, Gi-hun finds a clever way to beat the Young-hee doll by showing how her motion detectors can only sense the movement of objects right in front of her.
To ensure Gi-hun does not exploit this flaw in the next round of the "Red Light, Green Light" game, the game's organizers will likely place the Cheol-su doll behind the players. Cheol-su. The new doll would not only detect the motion of the players from behind and make up for the limitations in Young-hee's limited field of vision but also throw them off by chanting the "Green Light" and "Red Light" song at a completely different pace and tone than Young-hee.
7
One Presumed-Dead Main Character Will Turn Out To Be Alive
Player 246 Might Still Be Alive
Park Gyu-young's No-eul, who is Guard 011 in Squid Game season 2, defies orders from the Officer. During the "Red Light, Green Light" game she even spots Player 246, Kyung-seok, in the crowd of players and realizes he is only there to save his daughter from cancer. Since Kyung-seok, too, lost her child, she empathizes with Kyung-seok. This raises the theory that No-eul shot Kyung-seok in Squid Game season 2's finale but intentionally did not kill him. She will likely try to save him in Squid Game season 3 and try to get him out of the games to ensure he reunites with his daughter.
6
Ji-Hun Will Learn The Truth About The Front Man's Identity
Player 001's Real Identity Will Further Devastate Gi-hun
Gi-hun puts his trust in Lee Byung-hun's character in Squid Game season 2's finale, believing that he genuinely means well and is on their side. However, little does he realize that Player 001 is the Front Man. After killing two of Gi-hun's allies and ensuring he does not succeed with his rebellion, the Front Man fakes his death, puts on his mask, and kills Jung-bae. He does this to show Gi-hun that his actions have major consequences. Gi-hun is unaware that Player 001 is the Front Man.
It seems likely that, similar to Gi-hun, Hwang In-ho was once a player at the games.
However, in season 3, Gi-hun will likely learn about his identity. The revelation will break him because it will make him realize that the person he trusted so much was one of the masterminds behind the horrific system he was fighting against. Season 3 might also reveal there is more to the Front Man's history in the games than meets the eye. It seems likely that, similar to Gi-hun, Hwang In-ho was once a player at the games. He won but, like Gi-hun, struggled to find peace. He realized he could never stop the games. Therefore, he became the Front Man to ensure the games were, at least, fair to all.
5
No-eul Will Join The Heroes & Fight Against The Game's Organizers
She Will Use Her Position Of Power To Take The Games Down
Even before arriving at the games, No-eul started her own silent rebellion against them by burning the calling card. After her private detective told her that her daughter was likely dead, she had nothing left to live for. Therefore, at the games, she defied orders and prevented the other guards from harvesting the organs of the players. Towards season 2's ending, she might have even saved Kyung-seok after realizing he was playing the games to be able to afford his daughter's cancer treatment.
Squid Game Key Facts Breakdown
Written & Directed By
Hwang Dong-hyuk
No. Of Episodes
16
No. Of Seasons
2
Budget
US $21.4 million in season 1 and ₩100 billion in season 2
Streaming On
Netflix
In season 3, she will likely double down on her efforts to get back at the guards who tried to threaten her and end the games for good. With nothing left to lose, she will pull strings from behind the scenes to ensure Gi-hun succeeds with his mission. As a guard, she will also have access to secrets about the games and their inner workings that could help Gi-hun and the heroes overpower the organizers in season 3.
4
Hwang Jun-ho Will Learn The Truth About Captain Park's Betrayal
This Could Eventually Lead Him To The Island
Toward Squid Game season 2's ending, Captain Park kills a mercenary who notices he has been tampering with the drones they use to find the game's venue. Throughout the season, Park pretends to be a naive, innocent man who saved Jun-ho's life after he nearly died on the islands. However, the ending twist suggests he has ties with the game's organizers and has been trying to ensure that Jun-ho and his men never find the game's venue.
Jun-ho will likely connect the dots and learn about Captain Park's betrayal in Squid Game season 3. This would help him understand how the game's organizers stayed one step ahead of them and even knew about the tracker in Gi-hun's tooth. Once he finds out what Captain Park has been trying to do, he will be able to use him to his advantage to finally find the game's island.
3
Player 007 Will Die Saving His Mother
His Story Parallels Gi-hun's From Season 1
Like Gi-hun from Squid Game season 1, Player 007, Park Yong-sik, takes his mother's kindness for granted. He drowns in debt due to his gambling addiction, and, ultimately, his mother, Jang Geum-ja, is forced to face the consequences of his actions. Fortunately, for Player 007, he gets the opportunity to learn from his mistakes when his mother nearly dies during the Mingle game. Gi-hun could not save his mother in Squid Game season 1, but it seems likely that Park Yong-sik's story will come to full circle when he redeems himself by putting his life on the line for his mother.
Squid Game would also risk being too repetitive if, like Gi-hun, Park Yong-sik loses his mother because of his gambling addiction.
There is a scene in Squid Game season 2 where Park Yong-sik's mother tells him that he might remain unaffected by her death, but she will have nothing to live for if she loses him. Owing to this, his death will end Jang Geum-ja's story on a bitter note. However, Jang Geum-ja might still find a new reason to live after Kim Jun-hee makes her the godmother to her child.
2
A New Set Of Players Will Join The Games
The Player Count Will Be Restored To 456
To show Gi-hun how powerless he is, the game organizers might restore the number of players to 456 and force him to compete with them again. With this, Gi-hun would find himself in a perpetual cycle of attempting to save contestants but failing to stop the endless loops of violence and chaos. Since the new contestants would also be desperate to pay off their debts, they, too, would vote in favor of the game's continuation.
Squid Game season 2's mid-credits scene also confirms season 3 will feature another round of the "Red Light, Green Light" game. Since the game has previously been used for mass eliminations, it would make sense if more new players joined the roster in season 3.
1
Squid Game Season 3's Ending Will Setup Potential Spinoffs With One Reveal
It Will Show That Similar Games Exist Around The Globe
Many beloved characters will die in Squid Game season 3. The show will still likely end on a high note, with the heroes winning against the game organizers and successfully shutting the games down for good. However, with a post-credits scene, perhaps, Squid Game season 3 could reveal that the games in Korea were only the surface of a massive conspiracy. It could confirm that many similar games exist in different parts of the world, paving the way for many potential spinoffs.
An American Squid Game spinoff has been in the talks for quite some time, and rumors also suggest that David Fincher might helm it. With an ending twist that confirms the games are more widespread than previously anticipated, Squid Game season 3 could effectively pave the way for the International spinoff series.
In Squid Game, a mysterious invitation to join a competition is sent to people at risk who are in dire need of money. Four hundred fifty-six participants from all walks of life are locked into a secret location where they play games to win 45.6 billion won. Games are selected from traditional Korean children's games, such as Red Light and Green Light, but the consequence of losing is death. To survive, competitors must choose their alliances carefully - but the further they go in the competition, the more likely betrayal will rear its ugly head.
Release Date
September 17, 2021
Finale Year
November 30, 2024
Cast
Wi Ha-joon
, Anupam Tripathi
, Oh Yeong-su
, Heo Sung-tae
, Park Hae-soo
, Jung Ho-yeon
, Lee Jung-jae
, Kim Joo-ryoung
Custom Image by Dhruv Sharma.
English (US) ·