A line holder spool for holding an amount of line is provided. The spool comprises a first spool portion securable to a second spool portion. An annular, flexible line trapping mechanism having a first side and a second side is provided. The line trapping mechanism is releasably positioned between the first spool portion and the second spool portion with the first side facing the first spool portion and the second side facing the second spool portion. A first groove is formed in the first side if the line trapping mechanism. The line is windable within the first groove of the line trapping mechanism and the line trapping mechanism maintains the line from unwrapping from the spool. A portion of the line trapping mechanism is selectively movable outward from between the first spool portion and the second spool portion to access the line.
