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Yep lakers on "Gulp", same buddy couple years ago did not show with bait and all I hadwas Gulp - jigging. Trick is to be right on that flag when it pops as the fish do not hold on forlong.
Sounds like a good application for the rubber band hookset method.
Whats the rubber band hook set method ?? this is new to me???
You mark the line to the depth want to fish. Then take off maybe an additional 15-20ft?, and attach a rubber band to the line in a manor that leaves a loop in the rubber band. Put the loop over the spool, and wind the line back up to the line marker. The idea is when a fish takes the line the rubber band will set the hook, and then break so the fish can take line out until you get to the tip up. I would imagine that you would have to play with rubber band sizes to find the right one for this application.