Bait is an equippable item used to fish. It's practically fishfood, unlike Lures. Baits are alot easier to be consumed while fishing as since it's fishfood (Think of real-life worms when they are used as bait. Easy to loose).
“Grub can be obtained by purchasing it from the merchant, but primarily players find Grub by...Grub
“Bait Fish is a fishable Bait that has a decent consumption chance. It is a random drop from...Bait Fish
“Worm can be obtained by purchasing it from the merchant, but primarily players find Worms by...Worm
“Deer Guts can only be obtained by killing and looting a Deer. deep sea, 36-48 hours, master...Deer Guts
“Eel Bait is a common quest-related bait that can only be obtained from the Huntsman when...Eel Bait
“Spider Guts is a common bait used to catch fish. Deep sea, 36-40 hours, Master fisherman...Spider Guts