Like Catt said, I have it happen more often while fishing shallower, but yea, the old Mexican stand off, "I think that's a bite....... Is that him?????........ Wait....... No, ........... No that's a snag....... Pffft, out goes the bait....... Yep, that was him..........." That's how it happens to me!! That's when your buddy in the back of the boat says things like "the fish don't have hands" and "hook sets are free"