The Head Hook
Here's a way to position your bait on the hook that drives sniffer bluegills crazy!
Simply insert the hook just a bit down from the head with your finger over the head, slide it in until you just poke the tip of the hook into the head of the waxworm or your finger ;D.
I'll run two poles, one rigged with a horizontal jig (rat finky, marmooska) the other rigged with a vertical jig (dot, moonglo). Working both you can easily tell what the fish prefer. Fish that sniff one presentation and will often chuff down the other on the drop. If you get short bites try cutting the waxworm in half. Hook mousies and spikes in the same manner, this works best with waxies.
(http://www.iceshanty.com/iceshanty/icefishing_tips/waxworm_head_hook_tip.jpg)
Don't catch em all!
-Scott