you should really start all of your holes with only an inch of bit hanging out the end of the chuck. I probably drill wayyyy too fast on the lathe (3200 for everything!), but I have found starting all through-holes with only an inch of bit starts the holes super true.
If its a lure that will be wired on center, (poppers, spooks, etc) I will through-drill the blank. Swimmers I only drill in about 1/4" so that the lathe can get a good bite on the wood, and then through drill later when I can line it up with the lip.
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