When you see someone who is a "character" and you "place" him/her on someone's(friends) "team." Usually ugly and/or reaallyyyy weird looking people qualify for team placing. This is like in P.E. when you're picking teams and you see some really weird and/or ugly kid and you don't want them on your team so you yell your team! The idea of the game is to put the most and WORST people on your friends' teams. It NEVER ends. It's mean, but insanely fun.
You see a guy walking down the street wearing socks and sandals, short shorts, really white legs, etc.
You yell "Your Team!" to your friend.