Fans have been sharing crazy Squid Game Season 3 predictions for the final season of the show, and you can find odds on some of them! Season 2 slowed down the pace after a frenetic Season 1, but how will creator Hwang Dong-hyuk decide to end it when Netflix releases the entire season on June 27, 2025?
I’ll analyze the Squid Game odds for Season 3, and give you my best Squid Game bets for who could win, and a few other prop bets.
Squid Game Season 3 Predictions
| SQUID GAME BETS | PREDICTION AND ODDS |
|---|---|
| Squid Game Season 3 Winner | No Winner (-200) |
| Which Character Will Die First in Season 3? | PLAYER 125 (+125) |
| Which Episode Will Player 222 Give Birth? | Episode 5+ (+145) |
You can find all of these Squid Game bets and more at BetUS, simply by navigating to Sportsbook > Entertainment > Television Futures > Squid Game.
Squid Game Season 3 Winner
| PLAYER | ODDS |
|---|---|
| No Winner | -200 |
| Player 222 (Kim Jun-hee) | +120 |
| Player 456 (Seong Gi-hun) | +275 |
| Player 149 (Jang Geum-ja) | +500 |
| Player 001 (In-ho/Oh Young-il) | +800 |
| Player 120 (Cho Hyun-ju) | +1000 |
| Player 333 (Lee Myung-gi) | +2100 |
| Player 044 (Seon-nyeo) | +4000 |
| Player 007 (Park Yong-sik) | +4700 |
| Player 006 (Park Mi-hwa) | +4700 |
| Player 338 (Kang Dae-ho) | +6000 |
| Player 100 (Im Jeong-dae) | +6000 |
Given what we’ve seen over two seasons of Squid Game, it’s easy to see why No Winner is the favorite at offshore sportsbooks at -200, with an implied win probability of 68.7%. After Season 2, several players were still alive after a rebellion against the soldiers.
But the remaining players were split into two groups, one who wanted to fight for the prize money of 45.6 billion won (approximately $31.8 million in USD). The other group is still battling the soldiers.
Outside of the no winner option, the favorite in these Squid Game odds is Player 222 (+120), who is pregnant. There is also Player 456 (+300), the main protagonist and the winner of the first Squid Game. Player 456 (+275) leapfrogs Player 149 (+200), the mother in a mother-and-son duo with Player 007 (+5000).
Player 001 (+900) is the antagonist and mastermind of it all, so if he were to win, would that even count in the rules of Squid Game?
I’m going to lean towards No Winner at -200 at entertainment betting sites because Jun-ho, the detective looking for the island, could find it and ruin the entire game.
It was also revealed at the end of Season 1 that Jun-ho is brothers with the Front Man, also known as Player 001. The two already met, and it ended with Jun-ho getting shot. He survived, but another confrontation is likely lining up for the third and final season of Squid Game!
Which Character Will Die First?
| CHARACTER | ODDS |
|---|---|
| Lee David (Player 125) | +170 |
| Park Gyu-Young (Guard 011) | +275 |
| Park Sung Hoon (Player 120) | +300 |
| Kang Ae-Sim (Player 149) | +450 |
| Im Si-wan (Player 333) | +550 |
| Kang Ha-Neul (Player 388) | +600 |
| Lee Jung-Jae (Player 456) | +900 |
| Jo Yu-Ri (Player 222) | +1100 |
| Wi Ha-joon (Detective Hwang Jun-ho) | +1800 |
| Lee Byung-hun (Player 001) | +2000 |
| No Death From This List | +3000 |
Player 125 (+170), played by Lee David, is the favorite to die first in Season 3 of Squid Game. He has an implied win probability of 37.0% after Season 2. Player 125 was coerced by Thanos to change a vote in Episode 5 when a fight happened and Thanos was killed. He is a very timid player, not doing anything when Player 380 was attacked and killed. He was last seen having a panic attack, but he is still alive.
Guard 011 (+275) is next with an implied win probability of 26.7%. She is the guard we’ve come to know the best and is trying to stop the organ harvesting plan hatched by the other guards. They’re not happy with Guard 011’s attempt to halt their operation, which is why she’s high on this list!
Player 120 (+300), Player 149 (+450), Player 333 (+500), and Player 388 (+600) are next on the board. These players are all a part of the rebellion formed by Player 456 (+900), the protagonist. Even if he dies, all of these players likely will die before him anyway.
I’m sticking with the favorite, Player 125. To be honest, I’m shocked he made it out of Season 2 alive! But I don’t think it’ll be very long before he meets his fate in Season 3.
Which Episode Will Jo Yu-Ri’s Character (Player 222) Give Birth?
| OPTION | ODDS |
|---|---|
| Episode 1-2 | +650 |
| Episode 3-4 | -175 |
| Episode 5+ | +145 |
| No Birth in Season 3 | +1600 |
As noted above, Player 222, also known as Kim Jun-hee, is pregnant. I believe we’ll see her give birth in Season 3, which wipes the fourth option off the board.
I’m going to take the plus money at +145 and take Episode 5+ here. The pregnancy has been a key topic in the show, and I don’t think it will be resolved early. In fact, I expect that the writers used it to raise the tensions around the show’s finale or even as a plot device that might affect how the story wraps up.
Either way, I expect a late resolution, so this is my betting pick.
Where to Bet on the Squid Game Season 3 Odds?
My Squid Game bets for Season 3 are as follows:
- No Winner (-200)
- Player 125 to Die First in Season 3 (+125)
- Player 222 to Give Birth in Episode 5+ (+145)
You can find these Squid Game betting odds, and other betting markets in total for Season 3, at BetUS, which may add some ahead of the final season on June 27, 2025.
At BetUS, you’ll receive an online sportsbook bonus of 125% matched up to $2,625 over your first three deposits! 100% up to $2,000 is for use in your sportsbook account, while 25% up to $625 can be used in their online casino!
Welcome Bonus
125% up to $2,625
- Three decades of experience
- Big welcome bonus worth up to $2,625
- Thousands of sports betting options
You must be logged in to comment. Don't have an account? Sign up today.