Abstract: A bait container for storing live bait such as minnows. The container has walls with a plurality of small openings adapted to allow water to freely flow between the inside and the outside of the container but not allow the bait to escape from the inside of the container. An opening/lid on one side allows selective access to the inside of the container for retrieving the bait. A shock absorbing system helps to stabilize the container and control the turbulence of rough wave action which helps avoid bruising of the bait inside the container. The shock absorbing system includes at least one tether to secure the container to a dock, boat, or other suitable object. The tether includes an extension spring combined with a shock absorbing member, such as a rope or strap. In some embodiments the shock absorbing system includes two tethers combined with the container at different points.