1 - The Act of jerking off to internet shock sites.
2 - Searching the
internet in order to find disgusting and vile images to show your
friends that make them question your sexuality as well as why they are
friends with you
"Dude, Kyle spent his whole
day maisterbaiting today and then copied all the links onto my facebook."
"My mom caught me Maisterbaiting yesterday and as a result cancelled my
internet subscription"
"Kyle Maisterbaits so often that he has the limited edition
goatse mastercard"