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1.
Directly after smoking marijuana, you leave and/or go to bed. Hence the term "bake" and "bail.

Opposite of Wake and Bake.
Bro 1: You think we good?
Bro 2: Yeah bro I'm roasted.
Bro1: Let me just be right back I'll go get snacks.
Bro 2: Speaking of that I got a project to do!
*Bro 2 leaves and goes home and passes the fuck out*

Tomorrow

Bro 1: Yo after you bake and bailed I smoked another bowl.
Bro 2: Why didn't you call me?!
by JDWJDWJDW January 27, 2012