What is Assbait?
A person who thinking about messing with underage girls/boys.
"Yo, she's young, leave her alone or you will be assbait in jail".
A person who's thinking about fucking underage girls/boys and is being warned if they do, they will go to jail and be passed around like someone's bitch.
"He's going to jail for fucking that 14yr girl, and he is assbait when he goes in".