My guess is it came from the old half bail reels such as the Ru-Mer, Centaur, Airex, etc.. and just sort od developed. The bail less reels were first used in freshwater, so the use in SW seems natrual. There is a great old book I have about the birth of spin fishing in the surf scene. I'll dig it up in a bit and post the name. It discusses the developement of spinning reels in surf fishing after WWII. Not so much a how to book as a history book.
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