There are many variations..

I can tell you what I usually do. Starting with the bait. I will use either coon shrimp dyed dark red, or jigs I tie. The jigs I tip with prawn, shrimp or XXXXX. Usually use about four foot leader of 8 lb. tyed to a swivel. I have a sliding weight above this. Just use a sliding drifting set up. I will then have a 4 or 5 inch thill above this. Use enough lead to keep the thill pretty buried in the water but enough that you can see it. I will usually drag around the bobbers using my electric motor. Not super fast but enough to cover ground. I will set my depths between 6 foot up to 20 foot. depending on depth time of day etc. Spend a lot of time working back and forth over sumerged points and suspended fish. Take is usually a couple taps...then bobber down. Can be real effective for steelhead. When using for salmon. You want to leader up. Key to fishing the coons is splining the buggers out. Though I have seen them fished curled and do well also.