The egg loop knot is a fabulous rigs, but unless you are an Alaskan salmon fisherman you have probably never heard of it. The egg loop knot was design to help prevent salmon eggs from falling off the hook when fishing for silver and king salmon in Alaskan rivers.
However, don’t let the name fool you. Anytime you are fishing with soft squishy baits that fall off the hook too much, the egg loop knot is a life saver.
The egg loop knot is basically a knot-less knot or snell knot with a a twist. The result is that the egg-loop knot has a retractable knot along the shank of the hook that you loop around the bait in order to pin it to the shank of the hook.
When catfishing with chicken livers, clams, squid, or cut bait that has gotten a bit too soft I love to use an egg loop knot. An egg loop knot can really put some fish on the bank.
One of the worst things that can happen is to cast your rig out only to have your bait fall off when it hits the water or after getting torn up by small fish. You sit there waiting for a catfish to bite a hook with no more bait on it. An egg loop prevents that from happening.