The top of the line is held in the tank with a clothes pin. A knot in the line at the bottom slows the siphon to a controlled drip. Minimize the water of the creature you want to drip. Al least triple the initial water volume of the creature your are dripping. Do not add the water in the bucket back to your tank.
This can take an hour or 6 hours depending on your schedule. A long drip is highly recommended for sensitive creatures like shrimp, starfish and urchins. Fish require long drips when they have been in a bag 6 or more hours. Hermits, snails, crabs, corals and live rock do require any acclimation.
Use a hospital or quarantine tank for all incoming fish. Other things do not need to be quarantined.