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The act of slacking and doing nothing all day, just like a lazy snake coiled up in its hole. Especially if you hide from view to avoid chores, work, etc. Also, any kind of total, undisturbed resting.
Sergeant: where is that lazy SOB? We have cleaning chores to do before the inspection!
Private: Uhh...he's probably snaking somewhere around here.

Dude 1: What have you been doing lately?
Dude 2: Uh....nothing. Just snaking all day.

I am so tired after eating, that I need a couple hours of snaking.
snaking by Megalo Fidi August 3, 2010
The act of placing a snake in one's rectum for the purpose of sexual gratification.
"when we got back from the club last night, I totally caught Jeff snaking on the couch"
Snaking by G.I. Cobra February 24, 2009
The act of stealing a kill from a team mate in online first person shooter action.
YO! quit Snaking my Kills you noob fucker!!!
Snaking by Passive Menis August 1, 2009
To geek out on Adderall or other similar amphetamines.
"Packin' Patty, are you snaking your fucking balls off tonight?"

"Yeah got another one of Hendo's Meterology Tests"
Snaking by Jimbo Francois April 21, 2009
The act of a man flexing his PC (pubic) muscle in order to make his meatsword bounce up and down, not unlike a pimpmobile. This can be done anywhere, and can be very rewarding for both parties.
Ahh my bio teacher turns me on so hard, but how can I get away with anythin horny??

Bro just snake your way through that lesson!!

OR

You can strap me down, remove my ability to move, but you'll NEVER take my awesome snaking power from me and my schlong!
Snaking by girthyman_69 November 7, 2010
Sexual term involving two conditions: 1. Only used for break-up sex. 2. Must never be done at your house, only at your girlfriend's or soon to be ex.
Snaking is a form of anal sex. You start out like normal by performing anal sex. You then proceed to ejaculate in her anus. Then let your penis go limp while still in her rectum. Once your penis is limp quickly pull it out and back away. This will cause her anus to convulse and she will shit all over herself and the bed. Hence why you don't do it at your house. This makes the perfect break up sex because she will be so embarrassed that she will never want to talk to you again.
"Last night my girl wanted to break up, so I went to her house and I was snaking her! She hasn't called since!!"
Snaking by J. Cash March 13, 2009