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Specified neutral daily luck in example odds for Caldera Lava Eel
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In the Mines, the chances of hooking a Lava Eel depends on fishing level and equipment of the farmer, as well as the [[Fishing#Fishing Zone|fishing zone]] of the fished tile. The base chance of hooking a Lava Eel is 1.8%, which is increased by 0.32% per Fishing Level, and 0.08% per fishing zone. This is increased by a further 4% if a [[Curiosity Lure]] is equipped, and by 8% if [[Targeted Bait|Lava Eel Bait]] is equipped.<ref name="mines_rates"/> For example, at level 10 fishing and in fishing zone 5, the chance of hooking a Lava Eel is 5.4%. This increases to 9.4% with a Curiosity Lure equipped, to 13.4% with Lava Eel Bait equipped, and to 17.4% with both a Curiosity Lure and Lava Eel Bait equipped.
 
In the Mines, the chances of hooking a Lava Eel depends on fishing level and equipment of the farmer, as well as the [[Fishing#Fishing Zone|fishing zone]] of the fished tile. The base chance of hooking a Lava Eel is 1.8%, which is increased by 0.32% per Fishing Level, and 0.08% per fishing zone. This is increased by a further 4% if a [[Curiosity Lure]] is equipped, and by 8% if [[Targeted Bait|Lava Eel Bait]] is equipped.<ref name="mines_rates"/> For example, at level 10 fishing and in fishing zone 5, the chance of hooking a Lava Eel is 5.4%. This increases to 9.4% with a Curiosity Lure equipped, to 13.4% with Lava Eel Bait equipped, and to 17.4% with both a Curiosity Lure and Lava Eel Bait equipped.
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At the Volcano Caldera, a Lava Eel can only be hooked if the Farmer has a Fishing level of 7 or higher. Assuming that the [['Physics 101']] painting was not caught, there is a 10% chance to ''potentially'' hook a Lava Eel, multiplied by the fishing zone of the fished tile, for a maximum of 50% in fishing zone 5. If this first chance succeeds, there is then a 5% base chance to successfully hook the fish, increased by 2% per Fishing Level, and reduced by 0.5% if in fishing zone 1. This second chance is multiplied by 1.66 if Lava Eel Bait is equipped, and then the farmer's [[Luck#DailyLuck|Daily Luck]] is added to the final result.<ref name="caldera_rates"/> In addition, if Lava Eel Bait is equipped, the makes a second attempt to hook a Lava Eel if the first attempt failed. Overall, at level 10 fishing and in fishing zone 5, the chance of hooking a Lava Eel is 11.9%. This increases to 35.5% with Lava Eel Bait equipped. A Curiosity Lure should not be used, as it substantially reduces your chance to hook a Lava Eel in this location.<ref name="curiosity_maths"/>
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At the Volcano Caldera, a Lava Eel can only be hooked if the Farmer has a Fishing level of 7 or higher. Assuming that the [['Physics 101']] painting was not caught, there is a 10% chance to ''potentially'' hook a Lava Eel, multiplied by the fishing zone of the fished tile, for a maximum of 50% in fishing zone 5. If this first chance succeeds, there is then a 5% base chance to successfully hook the fish, increased by 2% per Fishing Level, and reduced by 0.5% if in fishing zone 1. This second chance is multiplied by 1.66 if Lava Eel Bait is equipped, and then the farmer's [[Luck#DailyLuck|Daily Luck]] is added to the final result.<ref name="caldera_rates"/> In addition, if Lava Eel Bait is equipped, the makes a second attempt to hook a Lava Eel if the first attempt failed. Overall, at level 10 fishing and in fishing zone 5, with neutral Daily Luck, the chance of hooking a Lava Eel is 11.9%. This increases to 35.5% with Lava Eel Bait equipped. A Curiosity Lure should not be used, as it substantially reduces your chance to hook a Lava Eel in this location.<ref name="curiosity_maths"/>
    
Of the non-[[Fish#Legendary Fish|legendary fish]], it is the fish with the highest sell price and the second highest difficulty fish (after [[Octopus]], tied with the [[Scorpion Carp]]).
 
Of the non-[[Fish#Legendary Fish|legendary fish]], it is the fish with the highest sell price and the second highest difficulty fish (after [[Octopus]], tied with the [[Scorpion Carp]]).
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