This invention provides an outrigger assembly for fishing that can be quickly deployed from a portable bag about 1 meter long into a fully rigged outrigger in a selected length of 4 meters, 5 meters or 6 meters. Variable length is obtained by adding sections of telescoping pole. Quick deployment is obtained by using detachable line guides that are radially (or side) threadable in conjunction with a separate preassembled outrigger line loop for each deployed length. Different length outrigger line loop assemblies are color coded for quick identification. Stowed length and volume of the collapsed telescoping pole is minimized by the use of outrigger line guides that are removable from the outrigger pole. Threading and unthreading of an outrigger line loop without opening the loop is enabled by the radially threadable line guides. The invention also provides an outrigger holder having two sockets, one for the outrigger and one for a fishing pole.