Squid Game Season 3 Betting Odds: No Winner Favourite as Final Season Teased by Netflix

Netflix has confirmed Squid Game’s final season will drop June 27, and betting markets are live. "No Winner" is the odds-on favourite with specials hinting at global expansion and major plot twists.
Squid Game Season 3 Betting Odds: No Winner Favourite as Final Season Teased by Netflix

Netflix: Squid Game

Jake Ashton
Jake Ashton Senior News Editor

Jake is a Football and Entertainment betting expert, with a Man City season ticket and a deep knowledge of reality TV betting angles

  • Season 3 of Squid Game premieres June 27 on Netflix, concluding the global hit series.
  • "No Winner" is the 1/2 favourite to emerge from the final round of the deadly games.
  • Specials markets suggest global expansion, a potential baby twist, and Seong Gi-hun’s final role.

Squid Game Betting Heats Up Ahead of Season 3 Finale

With Netflix releasing the official teaser trailer for Squid Game Season 3, betting markets are live for what promises to be the final and most intense chapter of the franchise.

The survival series has been a cultural phenomenon since 2021, and now, fans can speculate not just on what happens but who (if anyone) survives.

Betting Sites look at who could be crowned winner of the Squid Game competition in the upcoming final season.


No Winner is the odds-on favourite in the market with a 66.7% implied probability given that we won't see a winner of the contest.

Player 222 (Kim Jun-hee) is the closest individual contender, followed by Player 456, Seong Gi-hun, the series' original protagonist.

Squid Game Season 3 WinnerOddsProbability
No Winner
1/266.7%
Player 222 – Kim Jun-hee
6/440.0%
Player 456 – Seong Gi-hun
3/125.0%
Player 149 – Jang Geum-ja
5/116.7%
Player 001 – In-ho / Oh Young-il
7/112.5%
What the expert says...
The market heavily backing ‘No Winner’ reflects both fan expectations and Squid Game’s core themes. Storylines on the show may always end in the house being the overall winner.

Jake Ashton - Entertainment Betting Expert - OLBG.com

Squid Game Season 3 Specials: Twists, Turns, and Global Reach?

Netflix’s teaser hints at the final season expanding the scope of the game and betting sites are offering a series of plot-related specials for punters to consider.

These specials align with ongoing fan theories, including the idea that Squid Games are not isolated to South Korea, and that Seong Gi-hun’s narrative arc may flip dramatically in the final season.

The baby twist involving Player 222 is also heavily favoured, further complicating survival in the show’s harrowing setup.

Squid Game Season 3 SpecialsOddsProbability
Kim Jun-hee to give birth during the games
1/375.0%
Reveal that Squid Games occur in other countries
1/266.7%
Games to restart with full 456 participants in 2024 storyline
2/133.3%
Seong Gi-hun to replace The Front Man
4/120.0%

Where to Bet on Squid Game Season 3

All Squid Game Season 3 markets are open now at leading betting sites, with many offering specials on plot outcomes, winners, and twists.

New users can also benefit from the latest free bets, and you can find more top markets in our guide to the best entertainment betting sites.

Entertainment Betting Sites: Best Bookmakers Compared on Reality TV, Entertainment and Novelty Bets
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