Tuesdays at 9pm is the time slot for it.
The premise of the show is it is a reality show that is FAKE. Every one of the contestants, minus one - Matt - is in on the game and everything has been scripted out well inadvance. From the contests, to the voting out, to the roles and personalities the characters take on. They are trying to see how long they can pull this off without the 'mark' figuring out they are all actors and actresses.
And the guy, Matt, is the perfect mark for this show! He is so gullible and just plain goofy that he is already planning on how to win it, and hook up with various girls of the house. He came up with some great one liners!
At one point, he said he was worried about looking "small" in his underwear while on camera so he jerked his weiner a few times to make it look bigger!
