Abstract: A rectangular rigid panel upon which is mounted a fixed spool near one edge and a sliding spool which is constrained to slide in a slot, perpendicular to the edge of the panel near where the fixed spool is mounted, toward or away from the fixed spool. A force is provided which tends to keep the sliding spool at maximum distance from the fixed spool. After anchoring the hook(s) of the lure to the panel near the fixed spool, the leader of the lure is wound 180 degrees alternately around the sliding and fixed spools in a plane parallel to the panel and the end of the leader fastened to the panel with the sliding spool at other than either end point of its travel. In the preferred embodiment, two identical panels containing a plurality of fixed and sliding spools are mounted back to back utilizing suitable spacers with the spools on the outside of the assembly and the fixed spools of one panel opposite the sliding spools of the other.