Bad Deal — ruling 1

You draw just two cards no matter how many opponents you have.

Bad Deal — ruling 2

If an opponent has just one card in hand, that player discards just one card. Other opponents still discard two if able.

Bad Deal — ruling 3

Each player loses 2 life, including you, regardless of how many cards they draw or discard.

Bad Deal — ruling 4

As Bad Deal resolves, first you draw two cards. Then the next opponent in turn order (or, if it's an opponent's turn, the opponent whose turn it is) chooses two cards in hand without revealing them, then each other opponent in turn order does the same. All the chosen cards are discarded at the same time. Then each player loses 2 life.

Bad Deal — ruling 5

In a Two-Headed Giant game, Bad Deal causes each team to lose 4 life. Your teammate doesn't draw or discard any cards.

Bad Deal : règles, fonctionnement et interactions (MTG)

Bad Deal is one of those cards players keep asking about. Here is, in plain words, what its official text says, the rulings published by Wizards of the Coast, and the combos players actually run.

Official card text

You draw two cards and each opponent discards two cards. Each player loses 2 life.

How it works : Bad Deal

Original English text — Wizards of the Coast / Scryfall

#1June 23, 2020· Wizards of the Coast
You draw just two cards no matter how many opponents you have.
No other card is named in this ruling.
#2June 23, 2020· Wizards of the Coast
If an opponent has just one card in hand, that player discards just one card. Other opponents still discard two if able.
No other card is named in this ruling.
#3June 23, 2020· Wizards of the Coast
Each player loses 2 life, including you, regardless of how many cards they draw or discard.
No other card is named in this ruling.
#4June 23, 2020· Wizards of the Coast
As Bad Deal resolves, first you draw two cards. Then the next opponent in turn order (or, if it's an opponent's turn, the opponent whose turn it is) chooses two cards in hand without revealing them, then each other opponent in turn order does the same. All the chosen cards are discarded at the same time. Then each player loses 2 life.
No other card is named in this ruling.
#5June 23, 2020· Wizards of the Coast
In a Two-Headed Giant game, Bad Deal causes each team to lose 4 life. Your teammate doesn't draw or discard any cards.
No other card is named in this ruling.