The ultimate season of Squid Sport guarantees to choose up proper the place the second season finale left off.
In Season 2’s closing moments, Seong Gi-hun (Lee Jung-jae) noticed his revolt fail, costing the lives of a number of of his allies, after 001 a.okay.a. Hwang In-ho (Lee Byung-hun) lastly made a transfer in opposition to him. The credit sequence promised a brand new twist within the video games — the arrival of Chul-su, a brand new large doll, throughout from Younger-hee.
So what’s going to occur in Season 3? Some followers of the Netflix survival thrill journey have put collectively some really intriguing theories.
1. Chul-su brings a brand new recreation into the combo.
As teased within the credit sequence from Season 2, there can be two large animatronic dolls working collectively for the subsequent recreation that options each a purple and inexperienced gentle. So what recreation will they be subjecting the gamers to this time?
There are just a few theories about this, together with the concept they’ll be overseeing a “Jack and Jill“-style racing recreation, group leap ropes, and even an amplified model of “Pink Gentle, Inexperienced Gentle.” About that final one, followers recommend the presence of two dolls may imply they catch extra folks transferring by watching from totally different vantage factors than Younger-hee may do alone.
The sequence’ creator Hwang Dong Hyuk has beforehand indicated there could possibly be a Pink Rover-style recreation known as “Why Did You Come to My Home” in the way forward for the present and sees the floral Season 3 poster as a affirmation of that.

Netflix
One of many extra inventive theories suggests, although, that the practice tracks imply there’s a “Trolley Drawback” recreation forward. The thought there could be that gamers must select between killing one individual of excessive perceived significance, just like the pregnant Participant 222, or a number of people who find themselves much less well-regarded. Contemplating a lot of the sport has been about making decisions — significantly whether or not to remain and endure extra bloodshed — it does appear to be in line with the theme of this 12 months’s Squid Sport.
Everybody say hello to Chul-su 👋 Squid Sport 3 coming 2025. pic.twitter.com/hCgNexjJbC
— Netflix (@netflix) January 1, 2025
2. The wall drawings foretell new video games forward — or possibly not.
A operating Easter egg all through the primary season of Squid Sport was the truth that the video games that had been performed within the thirty third Squid Video games gave the impression to be drawn on the partitions of the gamers’ dormitory. So, naturally, followers have taken nearer discover of among the new inscriptions within the background of Season 2 and drawn various conclusions.
This time, a number of partitions within the room present gamers hanging on a sequence of triangles, which some have interpreted to be monkey bars, whereas one other wall seemingly boasts an enormous chess board. There additionally seems to be a Latin phrase on the wall (“Hodie Mihi Cras Tibi”) that interprets to “As we speak me, tomorrow you.”
One Redditor identified that the picture appears extra just like the Korean chess recreation Janggi, which has two rivaling sides of the board full of varied items (together with guards, horses, elephants, chariots, cannons, and troopers) and is gained by checkmating the final of the opposite group. The kicker of this concept is that whether it is Janggi, in response to this commenter, roughly half the remaining gamers might want to die earlier than they get to this one.
One other compelling concept concerning the drawings posits that they don’t signify new video games in any respect. As a substitute, the chessboard is consultant of a graveyard, and the entire swinging gamers are merely making their approach in direction of it. Yikes!
3. We might lastly see what sq. guards are as much as, too.
One other concept means that, since we noticed the attitude of a guard with a circle on their masks (the employees) in Season 1, then one with a triangle (the troopers) in Season 2, we should always lastly see what it’s wish to be a sq. guard (that are the managers) in Season 3.
The sq. guards have been established because the leaders of the others, so it will be extremely fascinating to see who they reply to. Plus, in each prior instances of behind-the-scenes guard motion, the guards in query weren’t precisely falling in line (the primary was Hwang Jun-ho, who was looking for his brother, whereas the opposite was Kang No-eul, who has overtly taken subject with the underground organ harvesting that different guards are as much as). So maybe there’s a supervisor guard within the combine who will not be proud of the established order, both, and will make an actual distinction?
4. That participant didn’t die in spite of everything.
Loads of time was spent growing the backstory relationship of Guard No. 11 and Participant 246, who joined the sport to boost cash for his daughter’s medical remedies and was thus a really sympathetic character, so his demise could be a real tragedy.
As some viewers seen, when confronted by a guard through the quashing of the revolt, 246 may have been shot non-fatally. So when the actress portraying Guard No. 11 posted a photograph of herself on set with what gave the impression to be the actor enjoying Participant 246 in a guard costume, the web went fully wild with hypothesis that she might have saved him as a substitute of killing him as ordered — particularly as soon as the actor deleted the picture.
5. The group dynamics will change in a really large approach.
All through Season 2, factions had been shortly shaped between these gamers who did vote to proceed the video games and those that didn’t. That, in fact, knowledgeable how lots of the gamers determined to group up throughout group video games — significantly those the place they may shield their allies, like Mingle. Most of the no voters had been killed within the occasions of the finale, although, so some followers suspect the groups will change into randomized with a tool, like a large gumball machine.

Park Sung-hoon as Cho Hyun-ju, Jo Yu-ri as Kim Jun-hee, Kang Ae-sim as Jang Geum-ja, Yang Dong-geun as Park Yong-sik / Cr. Netflix
6. The boat captain will not be who he appears to be.
Hwang Jun-ho’s try to succeed in the island grew to become an unmitigated catastrophe, and a few followers appear to know precisely why: The captain of the boat he used to trace down the placement of the present video games was truly working in opposition to him.
The idea rests upon the truth that the captain was the identical one who rescued Jun-ho after he was shot by Entrance Man (a.okay.a. his personal brother) within the occasions of Season 1. As a substitute of that being a right-place-right-time coincidence, some speculate he might have been the one receiving the harvested organs from the guards and thus have a vested curiosity in not stopping the video games.
7. The grand finale will reveal the true Gi-hun, for higher or for worse.
Although Gi-hun’s first try to steer fellow gamers in an rebellion in opposition to the guards spectacularly failed within the occasions of the Season 2 finale, some followers theorize that he would possibly simply pull it off by the tip and throw the VIPs into the video games as punishment for what they’ve accomplished to so many tons of of individuals within the title of bloodlust. If he does accomplish this, he would have made a profitable arc from the man who stole from his personal mom to a person who lastly stood on precept and gained in opposition to evil.
Nevertheless, others recommend that Gi-hun would possibly totally flip to the darkish aspect by the tip of the present and both be part of or change the Entrance Man, who himself was additionally a former winner of the video games. Proof of that eventuality can actually be present in Season 2 when Gi-hun proved keen to sacrifice the blood of his friends for the sake of his mutinous ambitions.
At the very least one theorist thinks it’ll truly be a mixture of each: The thought is that Gi-hun will faux to embrace being the brand new Entrance Man, whereas Hwang In-ho steps into the position of gamemaster, solely to make use of his entry to punish the VIPs. The trick of the hat in that concept is that he may have been working with Guard No. 11 the entire time.
We’ll have to attend and see which model of Gi-hun prevails when Squid Sport Season 3 premieres this summer season.
Squid Sport, Season 3, June 27, Netflix