A line reversing device includes a first intermediary spooling assembly with a first intermediary spool and a second intermediary spool assembly with a second intermediary spool. The first intermediary spool can receive a line from an original spool having a spool of wound line. By winding the line from the original reel spool around the first intermediary spool, the line is reversed. The second intermediary spool can receive the line from the first intermediary spool. By winding the line from the first intermediary spool around the second intermediary spool, the line is un-reversed. The line can be wound off of the second intermediary spool and on to either the original reel spool or a new reel spool, thereby reversing the line.