If I was going to do this (and I wouldn't) I can think of a couple of methods.
The first would be to make a slippery hitch at the tie-off point. That will come loose when it becomes slack. You'd have to keep constant tension on the line, and doing a circular search would presumably negate being able to retrieve the line.
The second would be to take the end of the line and secure it to a double-ender which would then loop back to the line near the spool. The third would be to tie a fisherman's knot on the line near the spool. Both of these would require dragging half the length of the line over whatever you've tied off to and hoping your line doesn't break.
But let's say you need 60 feet/18 meters to do this search. With method 1, you've got 60 feet to reel in, with the other methods, double. Either way, you've created an entanglement hazard for yourself and others.
This all sounds like a massive S***show to me.
The first would be to make a slippery hitch at the tie-off point. That will come loose when it becomes slack. You'd have to keep constant tension on the line, and doing a circular search would presumably negate being able to retrieve the line.
The second would be to take the end of the line and secure it to a double-ender which would then loop back to the line near the spool. The third would be to tie a fisherman's knot on the line near the spool. Both of these would require dragging half the length of the line over whatever you've tied off to and hoping your line doesn't break.
But let's say you need 60 feet/18 meters to do this search. With method 1, you've got 60 feet to reel in, with the other methods, double. Either way, you've created an entanglement hazard for yourself and others.
This all sounds like a massive S***show to me.