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I don't use anything larger than #25 leader for Halibut fishing. They only have grabbing teeth, not incisors, so they really cannot bite you off. Your line could rub over the teeth tips and fray though. I have hooked and many times lost Leopard and Thresher sharks while fishing for Halibut which I think might be happening to you too. They too have small teeth spaced apart, but the shape makes it easier for them to cut your line. Knot tying is very important as has been stated, but equally important is to check your leader for wear on a regular basis and replacing as needed. Also, a lighter rod, especially if you use braid, is important to absorb the energy of the Halibut headshake. If your rod and braid don't give, all the shock is put on your leader. Just my 2 cents.
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