it's just a fast switch for 2 different drag tensions,, Drag on the bottom is for live liner, top is a regular.
So if you have live bait, might want to tighten up the live liner a little so the fish is not running off, but for chunks, or slow current you can loosen it up so the fish does not feel drag when he takes the bait.
It's like leaving the bail open without chance for a birds nest, and with an open bail, line just falls off,, with a live liner, you can put some tension.
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