Abstract: A teaser reel with an audible alarm and line guide provides awareness and protection while trolling for fish. The teaser reel alerts boat personnel that the dredge is being struck by fish and allows quick action to be taken to protect the dredge from damage or loss. The audible alarm consists of a cogwheel affixed to a teaser reel spool with a pivotable pawl positioned contiguous the cogwheel. As the spool turns the pawl strikes each cog in succession to emit a loud, shrill sound. A dredge line guide is also affixed to the teaser reel to prevent damage and injury to boat personnel from inadvertent unwinding of the dredge line into the boat.