After watching the ending of Squid Game, you may have many questions: the finale of the popular Netflix show is as controversial and sometimes confusing as the show's addictive nature.

Indeed, you may feel let down by the ending of Squid Game. But if you are still trying to figure it all out, we are going to break it down for you. Of course, beware of spoilers for the entire "Squid Game."

Song Ki-hoon and Cho Sang-woo go into their sixth and final challenge in pretty rough shape. Saebyeok has just died, and there is no doubt that Sang-woo killed her. Shortly after her death, it's time for another game.

Gihoon wins a coin flip to earn the right to choose offense or defense in the squid game glimpsed at the beginning of episode 1. He chooses offense. There are two ways to win the Squid Game. Either the offensive player goes to the "squid head" on the field and overtakes the defense, or he is the last one to do so (i.e., his opponent dies).

Giffen is forced to attack while hopping on one foot because the offense is handicapped until they break through the "squid's head." But before he gets there, Gihoon (enraged by the situation at hand) throws sand in Sang Woo's face, blinding him. He then reminds his opponent that this is a game he played as a child. Except that he didn't have a knife at the time, and that is the wicked turn of events in this round.

As it begins to rain, the two argue and Sang-woo admits to killing Saebyeok (even though she was already bleeding profusely). Gi-hoon says he could have saved Se-byuk, but Sang-woo admits that he feared an alliance between Se-byuk and Gi-hoon, and that he would rather commit murder than risk leaving the game without money. Gi-hoon tells Sang-woo that Se-byuk stopped him from killing Sang-woo and essentially protected him.

As the two fight, Sang-woo stabs Ki-hoon twice - once in the thigh and (shockingly) once in the hand - but Ki-hoon refuses to stay down. He also tells Sang-woo he won't let him leave with the money. In the end, however, Gi-hoon refuses to cross the line like Sang-woo did and shows mercy even when he nails Sang-woo to the ground. He tries to end the game by simply walking up to the "squid head."

However, a guard points a gun at the fallen Sang Woo, forcing Gihoon to end the game by vote. Sang-woo does not allow it and stabs himself in the throat after telling Gi-hoon to save his mother.

The game is over and the front man takes Gi-Hoon home. Before he throws Gihoon out of the car, he compares the battle waged by the competitors in the squid game to a horse race that Gihoon bet on earlier in the season. He even says, "You are horses," making it sound as sickening and inhumane as possible.

Left on a rainy Seoul street, Gihoon puts a golden debit card (unlocked with the squid game uniform number "0456") in his mouth and takes the 45.6 billion won. But, as they always say, "at a cost."

After losing 455 players, Gihoon heads to an ATM and withdraws 10,000 won. On his way home, Gihoon runs into Sang-woo's mother. The mother turns out to be one of the best people on the show. But she also tells him that Ki-Hoon's mother hasn't been to work for two days. When Gi-Hoon returns home, his mother is dead. Gihoon finds his mother lying on the floor, but she does not wake up.

Gihoon spends the next year in depression, although it passes in a flash-forward. Instead of spending his winnings, he lives the same life as before, drinking beer by the Han River. His daughter has also emigrated to the United States with her mother and stepfather.

Gihoon sees her on the train, unkempt with facial hair that has grown in those months, and goes to the bank. The bank manager called him in and asked why his money was left unused and why it was not earning much interest. The bank has a new product for "VIPs." Hearing these words, Gihoon gets up and asks for just 10,000 won from his savings. He then drinks on the riverbank and continues with his life before getting rich.

But when Gihoon buys a flower from a woman selling flowers by the water, he notices that the flower has a special card on it. The card contains an invitation to a golden squid game. It is addressed "From your gamb."

Gihoon follows the invitation to a skyscraper, where he enters a cave-like room with Ilnam (an old man with player number 001) who is on life support. Yes, he did not die in the marble game.

Il-nam points to a man on the street who appears to be homeless. Il-nam asks Gi-hoon if he will help "that stinking, human scum." When Gihoon angrily asks what's going on, Il-nam offers a bet. If no one helps the poor man by midnight, Il-nam wins. Gihoon gets angry and threatens to break his neck. Gihoon gets angry and threatens to break his neck, and Il-nam tells him that he will not get an answer unless he plays the game.

Il-nam confirms that it is his real name and that his tumor is growing. A stranger tries to help the homeless man, but does not. Il-nam asks about Gihoon's unspent winnings and guilt.

And we learn that Il-nam is the creator of a game. The game was a project devised by Il Nam and his wealthy clients, bored with a life without the joys of great riches. Ilnam even claimed that life is no fun for the super-rich. Ilnam played the game because he wanted to feel something one more time before he died. And Ilnam let Gihoon win the marbles.

And just as the clock strikes midnight and Ilnam dies, the cops come to the homeless man's aid. Again, the victory is worthless.

Later, at a barbershop, Gihoon sees a picture of a model with the same color hair on the wall and decides to dye his hair bright red; according to Hwang Dong-hyuk, writer and director of Squid Game (who spoke to Zapzee), this decision is to express his inner rage.

Specifically, Dong-hyuk said, "I came up with this intuitively while thinking about how Gihoon should change his hair at the hair salon. As if I were him, I thought, 'What color would he never choose to dye his hair? And I came to the conclusion that Gihoon would never dye his hair red. It would be the craziest thing for him. So I chose this color, and I thought it represented his inner rage very well."

Later, Gihoon goes to see Saebyeok's brother and asks him where his sister is. We don't see Gihoon explain or deny the kid's answer, but he says that he and Saebyeok were friends. The two then meet with Sang-woo's mother, who adopts the child, whose name is Kang Chul. And after Sang-woo's mother wishes Gi-hoon a good trip, she learns that his luggage is full of Gi-hoon's winnings.

On his way to the airport to fly to the US to meet his daughter, Gi-hoon sees a salesman (Gong Yoo) playing the same slapping and paper flipping game with his new mark. Gihoon ran to catch the man, but he was already gone. He then demands that the man not take him up on the offer.

Gihoon stops just before boarding the plane. He picks up the phone, calls the game master, and registers for the game. He reveals his identity to his opponent and declares that he is a man, not a horse. He needs to know who the mastermind is. On the other end, a front man answers the phone, identifies Gihoon as player 456, and advises him to get on the plane.

Gihoon does not heed the advice and walks away from the plane.