Take a 2 litre pop bottle with a lip on it.
Wrap a bunch of 20 lb braid around the bottle.
Tie mono leader and a piece of wirebite tied to two snelled hooks
Add a little dry sand in the pop bottle for stability. Keep lid on.
Bait hooks with smelt.
Drop hooks down the hole to desired depth.
Let enough line out to place the bottle 10-20 feet from hole.
Stand around and when a bottle starts bouncing towards a hole...pounce...set the hook and hand line in the pike.
Cost for 2 tip ups... about $8... but you get to drink the pop beforehand.
You will catch the most pike if you set the smelt so that the tail is painted up at a sharp angle and the head is resting on the bottom.