Squid Game - Season 1- Episode 4 [verified] Jun 2026

That night, the players are fed a meager meal. and Cho Sang-woo (Player 218) discuss escape plans. Sang-woo, a former investment banker now wanted by police for fraud, reveals he’s in crushing debt. He dismisses Gi-hun’s naive optimism, saying: “This isn’t a game of chance. It’s a game of elimination.”

Before diving into Episode 4, let’s set the board. At the end of Episode 3 ( “The Man with the Umbrella” ), we witnessed the horrific aftermath of the Honeycomb (Dalgona) game. Players returned to the dormitory with a collective trauma, having watched nearly half the contestants die. The prize money now sits at a staggering 33.8 billion won (approximately $28.6 million USD). More importantly, a secret has been revealed: player 001 (Oh Il-nam), the frail old man, has a hidden advantage, and player 456 (Seong Gi-hun) survived by licking the sugar candy—a trick that infuriates the Front Man but endears Gi-hun to the audience. Squid Game - Season 1- Episode 4

“This episode proves Hwang Dong-hyuk understands that Squid Game’s real horror isn’t the violence—it’s the betrayal of those you trust.” – That night, the players are fed a meager meal