Pike fishing is my favorite form of ice fishing, and I have fished in my Ice Castle for pike and using underwater cameras to watch reactions and strikes. I have also fished lakes in WI with cribs and watch fish all day, including panfish, pike, walleye, bass and muskies. I have learned a lot, one is, many fish do not bite, and are dependent on time of day, pressure and time of the year.
Since I used to make flouro leaders for soft water musky fishing, I used to make flouro leaders for ice fishing. I started with the 80lb, then went to 40lb. I don’t know what it is, but I started getting less pike to grab and run with the minnow. You would be surprised at the number of pike that strike from underneath, then drop the minnow, and the rattle reel never spins or tipup never trips. I think they can feel flouro leaders, so they drop the bait, but I also get less hits, especially with the 80lb. So, I switched to 40lb and had a northern bite me off when I went to set the hook and there was very little pressure applied. Also, the smaller pike have sharper teeth, so it doesn’t take much for them to bite you off.
I have since gone to AFW 7-strand (26lb) for pike and my bite3 rate has gone up. I pre-tie my leaders with a small swivel and hook/lure of choice ahead of time. If I get one that ends up kinked really bad, I just switch to another one. I like this leader material since you can use a figure eight knot, or some others and doesn’t require crimping sleeves.
Lastly, avoid buying those pre-made leaders with hooks on them. IMO, the hooks are way too large, especially since most shiners and suckers in bait stores nowadays are the small to medium sized. It’s up to you if you want to make quick strike rigs or not, but I’ve also gone back to using a single hook or treble hook in the back. IMO, the minnow doesn’t hang or swim as natural with having two hooks in it. The metal leader material also provides weight, whereas the flouro leaders are more buoyant, so a good sized minnow can swim up and get tangled with the main line at times.
Now, this is just a theory, but a single hook in the back of the minnow allows the hook to maneuver in a horizontal position while the minnow is the fishes mouth, so they likely don’t feel it, whereas a large treble hook they can. This is why the smaller pike tend to drop the bait, e.g. false flags, and the bigger ones tend to hang onto it. So, you have to take into consideration the size of pike you’re targeting, as well as the size of bait you’re using. If you want to increase your hooking chances for medium to large pike, then use a treble, but if you want to increase your rate of smaller fish still holding onto the bait by the time you get to your tip-up, then use a single hook. If you happen to be fishing when the pike are hot, then it doesn’t seem to matter what you use.