Ok the wiper needs to go to board input, this is the norm. way to hook up, the other connection which would be the entire pot resistance goes to input jack and the shields tie together at the oppisite side of pot. The wiper is always the gain input so that at min. setting the inputs are shorted to ground. with the full 100k refrence to the board and the wiper on the input jack resistance is very high so it becomes open loop and no refrence to ground. with the board not on the wiper you have 100k across signal input and so the resistance is high and will pick up noise.