You have to admit when a TV drama gets dramatic, we really are looking at extreme cases that are usually far-fetched.
1. The punctuation seems wrong because the comma separates the verb (have to admit) and the object clause (we really are looking at . . . ).
I think there should be a comma in front of when too to separate the adverbial clause.
You have to admit, when a TV drama gets dramatic, we really are looking at extreme cases that are usually far-fetched.
Or it can be written as
When a TV drama gets dramatic, you have to admit we really are looking at extreme cases that are usually far-fetched.
2. Can it be written without any comma?
You have to admit when a TV drama gets dramatic we really are looking at extreme cases that are usually far-fetched.
When a TV drama gets dramatic you have to admit we really are looking at extreme cases that are usually far-fetched.