Well its all depends on water conditions and weather conditions. But typically Bobber fishing bait either eggs or prawns/coon shrimp, Pink worms or jigs. I like a good long rod, no shorter than 9'6. A good braided line, I like power pro in 30# test. All my mono leaders will be 10 or 8# UG, and my flouro leaders will be 12# Seaguar.
The type of float fishing depends on water height. In high water I will float drift. It keeps my bait on the bottom moving real slow. I like to target the slow water where the fish hold up in high water, so that method puts the bait in front of their face for the longest possible time. In high snag areas I'll use a stick weight, but in all other places I'll just use a slinkie weight. I always run a bigger bobber then needed, that way it helps pull the weight up off the bottom, causing less snags. Sense I'm float drifting, I dont worry about matching the weight of the bobber to the weight I'm using.
In medium to low water I perfer a vertical presentation. If Im fishing bait, I'll use an inline weight and maybe a spilt shot or two to keep my bait in the zone. If I change up to pink worms or jigs. I like to run a Thrill wire float for max sensitivity. I add on a Mono/flouro bumber of line to my braid and run my fixed thrill float on that, stright down to my pink worm/jig. I'll add a couple spilt shot to help it get down if need be.
So theres 3 different baits, 2 different presentaion styles and 4 different ways to rig your weights.