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I find you loose more gear to sailboats then looters. Sailboats don't even look where they are going and run right thru lobster pot fields. They eventually drag them to deep water never to be seen again. If you can keep them in tight to rocks and out of reach of fishermen that is the best but it is hard to find spots like that.
One year I lost 4 pots. (@ $100/per pot) The year before I kept them in tight and lost zero but I know shore guys didn't like it and I ened up with a few plugs on the warp. (most guys fish with crap lures!) Last year I didn't do it. I plan to but 6 pots in this year for a few months. I will be in deeper water this year as this boat is difficult to manever in tight to rocks. If I loose them I will call it quits for a while. I am thinking of tying them all together but that also has its hassles.
IMO it is a great way to rid fishwaste and turn them into something tasty. Also it is fun to see what comes up. Great thing to do with a kid for an hour. When you see a 4#er come up let me tell you you are jacked like a 50# bass.
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