Ice fishing has come a long way since I began.
Rattle Wheel: This is basically a set it and forget it 24/7 line. I'll set it up with a live minnow and it does all the work while I actively fish another line. If I'm eating, playing cards, sleeping... I'll have 2 of them set, or a tip up outside. When you get your bait to depth, there is a tensioner on the wheel that prevents additional line from going out unless the catch of a fish provides enough pull. When that happens, the bb's or bells in the wheel make a rattling sound loud enough to wake you. Take my word, there's few things more exciting than being woke at 3 AM by the loud rattling of a lunker on the line. Because there is no fishing pole involved, you
hand pull the catch, which is pretty easy even for larger fish, since its 30-50 # braided line all but the last 6 or so feet, where I use a vanish leader..
ChiefD has it pretty spot on when we rent a castle on a lousy spot - though that hasn't happened often because we rent from pros who know where the fish are. More often, its a weather front or something else killing the bite. We drink. Whenever we're not catching in the house, I use Navionics to find depth change and set up a tip up outdoors, sometimes for both my lines. I have my tip ups rigged with an
alarm pager that gives me <> 150 yard range from the house. Like the rattle wheel, pretty exciting whenever that alarm sounds.