Cobination of "Internet" and "Jail Bait". A person who can frequently be found cruising chatrooms, trying desperately to hook up with a partner who is most likely lying about their age, gender, or pending murder charges. Will most likely end up facedown in an alley after their first date. (see roofie)
"Hey, what do you think my chances are with Julie?"
"Unless you've got 3 outstanding warrants and a javachat account, pretty slim."
"Oh, thats right, shes interbait."