A fish bait dispenser includes a perforated fish bait container with a buoyant element, such as a cork, that provides sufficient buoyancy to cause the fish bait container to float. A line extends through holes in the container. A line lock, slidably attached but easily removable from a portion of line extending from the top of the container defines the depth at which the container will float. A weight attached to the distal end of the line anchors the container. A float, such as a bobber, freely attached above the line lock indicates location of the subsurface fish bait dispenser.
