We just let it sit. Now, I'm no expert, I have had a grand total of 2 hookups doing this. The first took the bobber down and ran, the second kind of tilted and jiggled the bobber and then when I retrieved very slowly, I hooked up. By the way, we were fishing from shore.
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"You're not a g*dda*n looney Martini, you're a fisherman"

R.P. McMurphy - One Flew Over The Cuckoo's Nest