The WORST Episodes of Billions

Every episode ever - ranked by fan votes!

Last Updated: Sep 20, 2021

Network: Showtime

U.S. Attorney Chuck Rhoades goes after hedge fund king, Bobby "Axe" Axelrod in a battle between two powerful New York figures.

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#1 - Icebreaker

Season 3 - Episode 9 - Aired May 20, 2018

Axe makes a bold play to secure capital from a controversial source. Taylor chafes against Axe’s recent moves. Chuck recruits the allies he needs to move forward with a new plan. Connerty seeks out a career opportunity.

star 7.63
1,889 votes
Directors: Stacie Passon
Writers: Adam R. Perlman, Willie Reale
The Punch

#2 - The Punch

Season 1 - Episode 7 - Aired Mar 6, 2016

The pressure from the US Attorney starts to affect Axe, who gets into a physical altercation with an acquaintance over an incident involving his kids. Chuck continues to conceal his involvement with the case while using the past to get the upper hand. Wendy meets with an attractive headhunter to consider a career change - and more than just job opportunities arise. And the case against Axe Capital gains a powerful weapon when Connerty turns a member of Axe's inner circle into an informant.

star 7.65
3,764 votes
Writers: Brian Koppelman, David Levien
The Chris Rock Test

#3 - The Chris Rock Test

Season 5 - Episode 2 - Aired May 10, 2020

Axe chases a play at Mike Prince's conference. Chuck wrestles with his demons and chooses a new path. Wendy takes the lead as Axe Cap faces a threat. Taylor confronts a figure from their past.

star 7.67
1,025 votes
Directors: Lee Tamahori
Writers: Adam R. Perlman
Opportunity Zone

#4 - Opportunity Zone

Season 5 - Episode 4 - Aired May 24, 2020

Axe's latest move takes him back to his roots but puts him in Mike Prince's line of fire. Chuck steps into a new role and meets an intriguing colleague. Taylor tries to salvage a missed opportunity. Wendy takes an interesting new client.

star 7.68
967 votes
Directors: Laurie Collyer
Writers: Brian Koppelman, David Levien, Emily Hornsby

#5 - Contract

Season 5 - Episode 5 - Aired May 31, 2020

Axe must reckon with his past to secure his future. Chuck plots against Axe with the help of some old associates. Chuck and Wendy both try to move on, but get forced together by an emergency. Wendy and Taylor embark on a new venture.

star 7.68
952 votes
Directors: Adam Bernstein
Writers: Theo Travers
The Limitless Sh*t

#6 - The Limitless Sh*t

Season 5 - Episode 7 - Aired Jun 14, 2020

Axe makes big plays with an unconventional source of inspiration. Chuck goes to desperate lengths for family. Tensions rise in Wendy’s relationships. Chuck and Sacker manipulate a past collaborator. Taylor steps up and takes charge.

star 7.71
944 votes
Directors: David Costabile
Writers: Brian Koppelman, David Levien, Emily Hornsby
The New Decas

#7 - The New Decas

Season 5 - Episode 1 - Aired May 3, 2020

Bobby Axelrod reaches a major milestone. Chuck struggles to get his bearings, and he and Wendy navigate a new normal. Tensions are high at Axe Cap now that Taylor Mason is back. Axe faces off against new rival Mike Prince.

star 7.72
1,103 votes
Directors: Matthew McLoota
Writers: Brian Koppelman, David Levien
The Nordic Model

#8 - The Nordic Model

Season 5 - Episode 6 - Aired Jun 7, 2020

Axe's plans are threatened when an old scheme resurfaces. Chuck wages war on a new front, but a dangerous gambit tests his budding relationship. Taylor looks to make an impact in an emerging field.

star 7.74
931 votes
Directors: Shaz Bennett
Writers: Adam R. Perlman, Eli Attie, Stephanie Mickus
Beg, Bribe, Bully

#9 - Beg, Bribe, Bully

Season 5 - Episode 3 - Aired May 17, 2020

Chuck returns to his alma mater to pursue an opportunity. Axe's big venture is sidelined by a family crisis. Taylor asserts independence with a risky play. Chuck puts Wendy in an awkward position.

star 7.74
1,007 votes
Directors: John Dahl
Writers: Ben Mezrich
Naming Rights

#10 - Naming Rights

Season 1 - Episode 2 - Aired Jan 24, 2016

Axe installs rigorous compliance measures to gird the company against the investigation by Chuck and the US Attorney’s office. When Wendy questions Axe’s methods, he compels her to prove her loyalty to the firm. Chuck’s investigation is temporarily derailed when he has to divert resources to a case against an Axe rival, billionaire Steven Birch. Axe’s black bag man and fixer, Hall, develops a mole inside the US Attorney’s office, while Axe makes an aggressive move under the guise of a charitable contribution to the symphony in order to settle an old score.

star 7.75
4,624 votes
Directors: Neil Burger
Writers: Brian Koppelman, David Levien

#11 - Pilot

Season 1 - Episode 1 - Aired Jan 17, 2016

Chuck Rhoades, the powerful U.S. Attorney for the Southern District of New York, is tipped to a case of insider trading with links to Axe Capital and the billionaire hedge fund king Bobby “Axe” Axelrod. This sets Chuck on a collision course with one of the most powerful men on Wall Street. While it could be a career-defining case for Chuck, he must tread carefully, because his wife, Wendy Rhoades, is the in-house performance coach at Axe Capital and Axe’s key confidante. But a costly purchase by Axe gives Chuck the opening he needs, setting off a cat and mouse game where the stakes are high and intensely personal.

star 7.75
5,585 votes
Directors: Neil Burger
Writers: Andrew Ross Sorkin, Brian Koppelman, David Levien
The Wrong Maria Gonzalez

#12 - The Wrong Maria Gonzalez

Season 3 - Episode 2 - Aired Apr 1, 2018

Chuck tries to cash in a favor owed to him by an honorable judge. Axe orchestrates creative new avenues for conducting trades. Wendy helps Taylor weather their first major crisis. Connerty continues chasing down Ice Juice leads.

star 7.77
2,147 votes
Directors: Noah Emmerich
Writers: Adam R. Perlman
Fight Night

#13 - Fight Night

Season 4 - Episode 8 - Aired May 5, 2019

Axe helps Rebecca with a business venture. Chuck faces off with US Attorney General Jock Jeffcoat. Taylor ignites a public battle with Axe. Wendy suffers a blow that could jeopardize her career. Axe Capital and Taylor Mason Capital compete in an unlikely arena.

star 7.77
1,453 votes
Directors: Colin Bucksey
Writers: Alice O'Neill, Lenore Zion

#14 - YumTime

Season 1 - Episode 3 - Aired Jan 31, 2016

Chuck discovers that while he pursued Steven Birch, the rival Eastern District has made inroads in the Axe case and that he needs to get it back. Chuck horse-trades to regain control of a key witness, Pete Decker, a hedge fund manager with ties to Axelrod. At the same time, Axe makes an activist play for YumTime, a family owned bakery corporation. This move reverberates back to Chuck by way of a very personal connection between his father and YumTime. Wendy is thrown into a moral dilemma when she discovers via a confidential session that one of the few female Portfolio Managers at Axe Capital is going to have her career sabotaged. And Lara Axelrod tries to protect Axe’s reputation from a potentially damaging “tell all” book.

star 7.78
4,268 votes
Writers: Willie Reale
Sic Transit Imperium

#15 - Sic Transit Imperium

Season 2 - Episode 9 - Aired Apr 16, 2017

Axe is offered inside information from a former employee and considers whether to use it. Chuck faces external pressure to drop an ongoing investigation. Lara plans a lavish birthday celebration for Axe only to discover he's lied to her about his relationship with Wendy. Chuck is willing to support Ira and Senior's investment in a company about to go public.

star 7.78
3,983 votes
Directors: Colin Bucksey
Writers: Wes Jones
Tie Goes to the Runner

#16 - Tie Goes to the Runner

Season 3 - Episode 1 - Aired Mar 25, 2018

Chuck receives a mandate from a new boss. Axe braves a difficult choice following his recent indictment. Taylor generates a monster strategy. Lara threatens to pull her money from Axe Capital. Sacker strives to prove herself as Chief of Crim.

star 7.79
2,216 votes
Directors: Colin Bucksey
Writers: Brian Koppelman, David Levien

#17 - Chickentown

Season 4 - Episode 3 - Aired Mar 31, 2019

Axe has to step in when a tip from Dollar Bill goes south quickly. Chuck faces a threat to his new career aspirations. Wendy and Axe develop a plan to derail Taylor’s business. Taylor receives an important guest.

star 7.80
1,476 votes
Directors: Neil Burger
Writers: Lenore Zion
Magical Thinking

#18 - Magical Thinking

Season 1 - Episode 11 - Aired Apr 3, 2016

Axe loses hundreds of millions of dollars on a bad trade and turns to Wendy for help. Chuck sets out on an odyssey to secure powerful allies in the fight against Axe. Lu balks at Lara's suggestion she become the new chef at Axe Capital -- and takes her sister back to the old neighborhood to remind her of their roots. Meanwhile, Sacker and Connerty close down the Axe Capital investigation just as Chuck finds evidence -- right in his own home -- that could salvage the case.

star 7.81
3,865 votes
Writers: Heidi Shreck, Wes Jones
Maximum Recreational Depth

#19 - Maximum Recreational Depth

Season 4 - Episode 6 - Aired Apr 21, 2019

Axe discovers a trap set for him by Taylor. Chuck and Wendy navigate marital issues. Wendy rekindles an unlikely friendship. Taylor pursues a new business venture. Connerty formulates a plan to go after Chuck.

star 7.82
1,446 votes
Directors: Jessica Yu
Writers: Adam R. Perlman
Arousal Template

#20 - Arousal Template

Season 4 - Episode 2 - Aired Mar 24, 2019

Axe, still focused on wrecking Taylor and their new company, hits it off with a venture capitalist. Chuck sets his sights on a new position. Wendy asks Chuck to make a change.

star 7.83
1,500 votes
Directors: Adam Bernstein
Writers: Adam R. Perlman
Risk Management

#21 - Risk Management

Season 2 - Episode 1 - Aired Feb 19, 2017

In the aftermath of their Season One confrontation, U.S. Attorney Chuck Rhoades and hedge fund king Bobby Axelrod are digging out of the wreckage. Chuck faces scrutiny from within his office and from the Attorney General. Axe refortifies Axe Capital, and weighs his options for retaliation. The fund wrestles with a precarious economic landscape that threatens the very existence of Axe Cap. Wendy entertains an offer from a rival hedge fund manager. Lara intervenes in an emergency at her children’s school.

star 7.84
4,543 votes
Directors: Reed Morano
Writers: Brian Koppelman, David Levien
Victory Lap

#22 - Victory Lap

Season 2 - Episode 7 - Aired Apr 2, 2017

Axe assembles a war room in the Hamptons following a disastrous setback in Sandicot for Axe Capital. The fate of the town hangs in the balance while Axe seeks counsel on how to best recoup his losses. Meanwhile, Chuck capitalizes on a high-profile victory, but alienates Wendy in the process, causing the couple to change the status of their separation.

star 7.84
4,071 votes
Directors: John Singleton
Writers: Alice O'Neill, Brian Koppelman, David Levien
Boasts and Rails

#23 - Boasts and Rails

Season 1 - Episode 8 - Aired Mar 13, 2016

Axe receives a tip about a mole inside his company, throwing the US Attorney's case into jeopardy. Connerty faces a moral dilemma in how to respond, leading to conflict with Chuck, who finds himself reconsidering his position as both he and Wendy look toward a future without Axe Capital looming between them. As the investigation begins to encroach on Lara's private life, a secret from Axe's past surfaces, threatening everything he has built.

star 7.84
3,771 votes
Directors: John Dahl
Writers: Wes Jones
A Generation Too Late

#24 - A Generation Too Late

Season 3 - Episode 3 - Aired Apr 8, 2018

Chuck faces a dilemma when he's given a perverse directive. Axe expands upon a secret venture. Taylor and Wags interview a different type of Axe Capital employee. Connerty and Dake close in on key witnesses in the Ice Juice sabotage. Axe and Lara consider an unexpected agreement.

star 7.84
2,083 votes
Directors: Colin Bucksey
Writers: Wes Taylor
Dead Cat Bounce

#25 - Dead Cat Bounce

Season 2 - Episode 2 - Aired Feb 26, 2017

Axe publicly spars with a rival hedge fund manager and with the help of a talented intern initiates a new financial play to hurt the competition. Chuck deploys his team to quickly find a high-profile case that might save his sinking status. Wendy navigates a minefield of questioning that could result in disaster for Chuck.

star 7.85
4,317 votes
Writers: Wes Jones