I love Daiitchi hooks they're super strong and incredably sharp. The size of hook has to be compared to the size of bait. Go to daiichihooks.com and look under bleeding bait live bait hooks in the products section. I hook my bait behind their dorsel fin, through the side of the fish. This keeps your minnow alive longer. I have noticed especially in smaller minnows when you lip hook them they tend to die faster. I hope this helps you and good luck!
I like the Gaakatsu wide gap hooks for my live bait presentations. They have a wide gap for better hookups and thin wire for super penetration. They are also super strong, I've never broke one and have never pulled one straight on a snag or a fish.
Ditto on the through the back under the spine and behind the dorsal for hook placement when using under a slip float or a stationary bottom rig. For jigging I go through the mouth and out the top of the minnow behind the head. That kills the minnow though.
My favorite hook is Gamakatsu Octopus Circle hooks size 1/0-2/0.
Gamakatsu is thin & light. Won't weigh down the bait fish. I usually hook them between the dorsal fin & tail. This allows them to swim naturally & stay alive longer. I don't ever use floats or bobbers.
A swivel w/ a 12"-18" leader for the hook.
I had a sucessful year for wipers using this method.