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Take a large egg sinker (the type with the eye for tying on) of as much weight as you fell you need and tie on a couple feet of light mono. Tie the other end to a small barrel swivel, run your main line through the open side of the barrel swivel so that it can slide freely on the line. Put a barrel swivel on the main line then run your normal leader to your bait. Drop the whole mess down to the bottom then pick up the slack till the line is almost taught and set the trap. This will keep the bait up off the bottom and blowing downstream just a bit, when a fish grabs it the line pays out through the swivel while the weight stays where it is.
Ive used a Wolf River rig and they work well. The trick is in fine tuning the right amount of weight to drop off the bottom of it to find that sweet spot of how much weight you need to just hold it in place based on the strength of the current you are in.
Do you Fish this ri through the ice?