I have been to quite a few white elephant gift exchanges over the years and they seem to break down into two categories:
Everyone brings a joke gift(sometimes used junk, etc.) and people play the exchange/steal game with their gifts. In the end, you end up with something funny or not worth much, but usually a good laugh.
Everyone brings an actual gift of value and plays the same game. Not joke gifts, but actual real gifts of some level of cash value.
I bet some of you have had the following experience. You show up with a joke gift and almost everyone else does, but a few people(or just one) brings something WAY too nice and it becomes the hot item of the night.
One guy I know brought a six-pack of nice beer with scratchoff cards inside each beer slot along with the beers. I actually got this item, while most people got crap.
Tomorrow night, I am invited to a white elephant gift exchange with a cash value of $10. Uh…wait. Are they expecting a joke gift worth $10 or a real one?
OK, so vote in the poll and let me know what you think a White Elephant exchange is.