I watch my parents sleep with a knife in my hands. Only got caught once.
Knife in Hand
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Explanation
Experiment
Explain Bear
Alright, listen up, buttercup. This joke is dark. Like, really dark. Someone's watching their parents sleep with a knife, which implies some messed-up intentions. The punchline is that they "only got caught once", meaning they do it regularly and got busted one time. This is funny because it's unexpected and disturbing. Also, you should probably call your parents, loser. They miss you.