Shiny pokemons are ultra rare.To get a shiny magikarp use your old rod.If your lucky you will get one.If you have shiny gyarados breed it then you can get a shiny magikarp.It will
be in gold.
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Get a shiny Magikarp. A Red Gyarados is a shiny Gyarados.
It depends on luck. when catching a magikarp, you have a 1/8000 chance of shiny.
There is no way to get a Shiny Magikarp 100% of the time.
A golden Margikarp is a shiny margikarp, and as with other shiny Pokemon, there is only a 1/1892 chance of getting a Shiny(golden) magikarp. Breeding a Shiny Gyarados or a Shiny margikarp with another shiny Pokemon THAT CAN BREED WITH GYARADOS/MARGIKARP may have a higher chance of breeding a shiny magikarp. You can also trade the shiny gyarados from Pokemon Gold, Silver, and Crystal version.
There is no certain place to get a shiny magikarp. You basicaly just look in a place where you would find one and pray that its shiny. This almost never happens