I have a PVC holder bolted to the leg of my workbench, sans doughnuts. I just use a rag wrapped around the butt and use a mobile bucket of rocks, paint can or whatever as my weight to flex the rod.
I then use a piece of nylon line to tie the tip down to the bucket, run mono off the reel, through the guides and out the tip with a sinker on the end. Tie everything off, adjust the guides, add/subtract as needed and measure them up.
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