As tight as you can get 50 without breaking......if you're fishing right for any gamefish you should have your drag as tight as possible.
I've went on the Black Pearl. Rick the capitain will not make it to Collenett! He'll stop at the lower 500 or someplace close... That was my experiance on that boat, other than that, you'll have a blast! The deckhands are a great crew and good guys!