It’s the second-to-last episode of Squid Game — and the final challenge is here: Sky Squid Game. With only a few players remaining, a brutal “democratic” vote determines who lives, who dies, and who becomes a sacrifice. Hosts Phil Yu and Kiera Please unpack the twisted politics of fairness, the final betrayal of the Os, and Player 456’s decision to protect the baby — even if it means risking everything. And Comedian Steven He (“EMOTIONAL DAMAGE!”) joins the pod to break down Guard 011’s revenge, Min-su’s haunting farewell, and the flashback that finally reveals how the Front Man won his season. Plus, we put Steven in the hot seat for a ruthless game of “Who Wants to Be a Squid-ionaire?”

SPOILER ALERT! Make sure you watch Squid Game Season 3 Episode 5 before listening on.

Play one last time.

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Squid Game: The Official Podcast is produced by Netflix and The Mash-Up Americans.