Summary:
- Netflix’s Joker reveal hints at deeper mysteries beyond the deadly games in Alice in Borderland.
- Theories suggest Banda, Yaba, or even Usagi’s father could be the true Joker in the hit series.
- Here’s everything we know about the Joker twist in Alice in Borderland Season 3.

Alice in Borderland Season 3 is finally on the horizon, with the mysterious Joker card at the center of it all. Ever since the finale of Season 2, countless theories have been made surrounding it, with the biggest one: Are there two Jokers in Alice in Borderland?
Just when Arisu and Usagi thought they had left the Borderland behind, the appearance of the Joker card hinted that their ordeal might not be over. If you know your deck of cards, there are always two Jokers. So why did the show reveal only one? And could Banda and Yaba actually be those two Jokers? Let’s break it down.
How Is the Joker Card on Netflix Different from the Manga Version?

In Haro Aso’s original manga, the Joker isn’t part of the deadly card games. Instead, after Arisu defeats the Queen of Hearts, he meets a shadowy figure, the Joker. This mysterious being serves as a ferryman, guiding players who reject permanent residency back to the real world.
The Netflix version, however, took a different approach. We never saw a Joker figure appear in the Borderland. Rather, after clearing all face card games, Arisu simply woke up in the hospital. The Joker only appears in the very last shot, a lone playing card that suggests the story is far from finished.
Are There Two Jokers in Alice in Borderland Season 3?

Here’s where things get interesting. A normal deck contains two Joker cards, but only one was shown in Season 2’s finale. Some fans suspect the other card is hidden or yet to be revealed. Others think that Banda and Yaba, who chose to remain in the Borderland, could represent the Jokers.
Banda’s cold, calculating mind and Yaba’s merciless will make them perfect candidates. If Season 3 explores this theory further, then the ‘Joker Game’ could be about destroying the system itself, not just surviving it.

Another interesting theory suggests that Usagi’s father, who disappeared in the mountains and never returned, would have been transported to the Borderland just like Arisu and his friends. The recent clip released by Netflix also hints at him being present in the Borderland.
If Netflix wants to play it big, it could very well do so by revealing Usagi’s father as one of the Jokers. This revelation would shock both Usagi and the audience.
RELATED:
- Alice in Borderland Season 3 Cast: Every Confirmed Returning Character
- Alice in Borderland Season 3: Release Date, Cast, and Joker Arc Explained
- Alice in Borderland: Are Arisu and Usagi Married in Real Life? Explained
What the Joker Twist Means for Alice in Borderland Season 3
The Joker card’s reveal wasn’t random. It was a signal from the creators that the Borderlands games aren’t done yet. Now that Season 3 is releasing on September 25, 2025, the Joker could finally serve as the mastermind behind Borderland.
Whether there’s one Joker or two, the card represents the ultimate wild card. And if this season 3 trailer has anything to say about it, the real nightmare is only beginning.