In reply to Xharlie:
Assuming the usual 'applied maths' rules of everything inelastic, water surface is flat, 'distance to you' is horizontal distance from fish to the vertical point under the tip of the rod, line perfectly straight, then consider the following
let h be the height of the rod above the surface of the water
let L be the length of line between tip of rod and fish
let r be the horizontal distance from fish to the vertical point under the tip of the rod
then, for any L and h, we can find r by Pythagoras
r = sqrt(L^2 - h^2)
So, differentiate r wrt L to find the rate of change of r with L (dr/dL). I'll leave that as an exercise for the student.
Or use excel calculate r for every L between max L and h (when the line would be vertical), and find the deltas between each step.
When L is large, delta r is just a little bit larger than deltaL (delta r tends to deltaL+ as L tends to infinity)
When L is small, delta r is large, tending to [erm, possibly infinity * deltaL] as L tends to h.
[lots of edits to fix errors]
[and I replied to the wrong person...]
Post edited at 13:10