As for floats I either paint the bottoms flat black or Gray. I also take alot of the top color off when I paint them, leaving just enough for them to be visible. As for fishing tailouts I like to cut the hole into sections, this way when you get to the tailout you can set the jig shallow enough to fish through without the jig bumping the bottom. The only time I like to bump the bottom is with the pink worm on a jighead, it seems to work well that way.
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G.Loomis Pro Staff
Auburn Sports and Marine Pro Staff
Savage gear/ Pro Logic