Squid Game begins with Seong Gi-hun (Lee Jung-jae), a middle-aged divorcee who seldom sees his daughter and has fallen into severe debt with a band of cruel loan sharks. When he encounters a strange stranger at a train station after a horrible day, he is given a chance to win a vast (but secret) sum of money that would alter his life forever.
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Gi-hun is picked up in a people carrier and put to sleep by gas poured into the passenger seats after calling the shadowy organisation the guy belongs to and telling them he wants to play their game. When he wakes up, he is dressed in a numbered tracksuit and is in a warehouse-style dormitory with hundreds of other individuals. They quickly discover that to win the money, they must participate in a series of childhood games. Those who do not win will be "eliminated," which is a euphemism for "killed" by the hooded guys in authority.