Related to size of fish caught and increases bite rate of rare fish.
For example, at 4 Luck you'll almost never see King Salmon. But at 25 Luck you'll see it from time to time and so on.
And generally the grade of bait yields about the same rank fish, but more luck will make it more likely to get a higher rank fish than the bait (like getting SSS rank fish from an A grade bait) and reduce the probability of getting a low rank fish (it is still possible to get D rank fish from an A grade bait).
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