Uh, yeah, what part of it don't you understand?
Every pair DOES pay out. That's the idea.
PERFECT PAIRS
Perfect Pairs™ is an optional side bet offered on certain Blackjack tables. The concept of the bet is simple. A Perfect Pairs™ bet wins if the first two cards dealt to a Blackjack hand are a pair and loses if they are not a pair. A Perfect Pairs™ bet is made prior to the initial deal. There are three different types of pairs and the payout odds vary accordingly.
From
here (Archive copy) at the bottom of the page.
He did make one mistake though, 10-1 is not for same suit and rank it's for two cards of the same number or picture type and colour but of different suits. eg. Queen of Hearts and Queen of Diamonds.