>Hi guys,
>Can you define deadsticking?

Minimal movement after the cast, but depending on who you ask, it does NOT mean just letting your bait sit motionless and unattended.

>From what I understand it is letting a bait as a floater sit
>on the surface for x amount of time.
>Is that all there is to it?

No, you need to mend the line to make sure you can set the hook when there is a strike. You may give it a small twitch or direction change in place, etc. Send out some ripples like a injured/tired fish.

>Can you set the rod in a holder and fish another rod?

Check your regs - and if legal to fish more than one rod, I would only do that if you want to miss your fish on the deadstick bait :)

>Under what conditions is good for deadsticking?
>Do you hate it or like it?
>Is it a technique that works on all lakes?

I hate it and am not very good at it so hopefully some more patient people can help you out!