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Method one is to unscrew the drag on the reel every time the we set the rod down.
This method works OK; if a big fish grabs the bait and takes off for parts unknown, the fact
is brought to our attention by the reel screaming as the line goes out, but at least the rod
and reel remain in the general vicinity. The problem with method one is that the fisherman
needs to tighten the drag back up before he can set the hook or fight the fish, and that
can be time consuming enough to cause the fish to be lost. In the event that the fisherman
get excited and makes the drag too tight, the fish is liable to be lost along with a long
piece of line and the terminal tackle on the other end.
Method two is the bungee cord. Wrap one end of the bungee cord around
the pier, and wrap the other end around the butt of the rod. This works too, but it's also
got a few drawbacks. It's more time consuming to get the bungee cord undone when the fish
hits than it is to tighten the drag up (method one), and strapping down a rod can also result
in the fisherman winding up with a broken rod when a big fish decides he wants to play. A
broken rod, I guess, is better than a missing rod and reel, but obviously still not the
best option.
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