Squid Game: Gi-hun’s fate exposed in final game with Oh Il-nam

Squid Game official trailer from Netflix

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Gambling addict and former chauffeur Seong Gi-hun (played by Lee Jung-jae) made it through a series of horrific games and out the other side in the new South Korean Netflix series, Squid Game. A new theory may have finally explained why the victor didn’t spend a single penny of his 45.6 billion won prize and what the future holds for him.

Gi-hun’s final confrontation with his ‘gganbu’ Oh Il-nam (O Yeong-su) could explain his reasoning for keeping his winnings untouched in Squid Game’s finale and why he didn’t get on the plane to visit his daughter.

Gi-hun eventually discovered his elderly partner in the games was actually the mastermind behind the sinister underground organisation. 

He visited the old man in his private hospital bed, where he challenged Gi-hun to one last wager. 

A new theory states their final game could hold the key to explain why the winner keeps his earnings intact, and seemingly decides to enter the Squid Game for a second time.

One fan took to Reddit recently to explain why Gi-hun’s arc throughout the whole series was building to this unexpected conclusion. 

Redditor sillywilly1738 posted: “I’m willing to wager that Gi-hun, like most guilty people, was subconsciously looking to be absolved of his sins.”

Upon reaching the end of the series, most fans seemed to agree Gi-hun was simply avoiding his winnings out of guilt. 

He cheated several times throughout the games, most unforgivably when he took advantage of Il-man’s fading memory to make it out of the marble round alive.

Believing his gganbu to be dead, Gi-hun knew he hadn’t truly earned the billions of won in his bank account, and refused to spend any of it. 

However, Il-nam is apparently aware of his friend’s situation, and takes advantage of his moral conundrum during their final meeting. 

As he slowly died in a private hospital bed, he bet a nearby drunk won’t receive any help from passers-by before midnight.

When asked what he wants to wager, Gi-hun said: “Anything. You might as well take everything I have.”

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He may be referring to his vast wealth from winning the games, but this fan thinks otherwise. 

They continued: “I think that ‘everything’ Gi-Hun is referring to is the one thing he had throughout the games and the only thing he believes he still has the rights to: his CONSCIENCE. 

“By entering this game, he’s willing to bet that if others are capable of goodness, then he too can be redeemed and leave his guilt behind.”

Their theory also explains why Il-nam decided to spend the last days of his life playing the games when he organised them in the first place. 

Il-nam plays alongside Gi-hun, the player with the most precarious moral compass, in order to prove the games’ contestants are also capable of selfless acts.

Once Gi-hun wins the wager, and the drunken man is helped into an ambulance, he is finally relieved of his own personal guilt and takes his life into his own hands. 

Gi-hun then decides to stop a recruiter from finding new players for the Squid Game – could it be he is set to destroy the games once and for all?

Netflix has still yet to officially announce a second season of Squid Game, but hopefully fans can check in with Gi-hun again very soon.

Squid Game is available to stream on Netflix.


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