People with no money particiapate in a game. If they win they get money, if they loose they get slapped. These people are at the brink of death, so that get invited to participate in Squid Games
Climax
They play the first game. Over 50% of people are killed in front of everyone. The players vote to leave the games and go home.
Falling Action
They realise death is better than life, and go back to participate, knowing most of they will die. While outside, they have really bad experiences
Resolution
The games continue until there are just 3 players remaining. This means that over the course of 5 games, over 453 people/players have died.
The 3rd player gets killd by one of the 2 remaining players. The final 2 players, who were good childhood friends, compete for the prize pool. One of the players end up killing himself and the other player wins.
The winner is suffering from survivors guilt. He then finds out who the organiser of the games is, and is encouraged to spend the money, because there is no more good in the world. He is then reminded that everyone participated willingly