The present invention is directed to a support stand for a fishing pole holder, and is particularly adapted for ice fishing. In use, the stand holds the fishing pole in a generally upward angled position. The fishing pole is held in a pivotal position, so that upon sensing a hit on the attached line, the fishing pole tips downward. Legs, for supporting the body of the stand, can be placed in a first position or a second position, depending on the conditions of use for the stand. When not in use, the legs of the stand can be stored within the body.