What kind of bait does an audience use when waiting for a hologram to appear on stage? I’m thinkin’ worms if they’re goin’ fishin’. Or maybe if they’re after a rodent, a hefty hunk of Vermont cheddar:
The writer for Yahoo! Music makes a common homophonic mistake. The correct idiom is bated breath, and it means “with great anticipation.” The verb bate, derived from the verb abate, means “to moderate, lessen, or restrain.”
Of course, there may be times when you mean baited breath. In Cruel, Clever Cat Geoffrey Taylor found a use for the expression:
Sally, having swallowed cheese
Directs down holes the scented breeze
Enticing thus with baited breath
Nice mice to an untimely death.