Pearl and I disagree on wraps, I have done a bunch of them.
I like superglue soaked serving thread the best, it holds up well and is easy to put on. Wrap 1/2" past your splinter in both directions.
Another wrap story; I made a bow to donate to a Children's Hospital charity drawing, my friend Tony bought a $1 chance and won the bow.
Now, Tony is not your average shooter he lives to shoot tournaments. He had never had a selfbow and quickly adjusted to it and began to compete in every tournament he could with it. He often shot in the recurve, longbow and selfbow class at every tournament he attended. That guy flings a lot of arrows.
He shot the selfbow for 3 or 4 years, well over 100K shots, then it popped a splinter. We were at a tournament, he heard it go "tink" but we couldn't find the break. We finally got a bunch of guys together to look at the bow as Tony drew it and one guy spotted it at the edge of the snake skin backing.
I put a immediately put a wrap on the bow like is pictured above and Tony finished the weekend shooting the bow.
Fast forward a few more years and another 100K arrows or so out of the bow; Tony is at the IBO World Championship competing in the selfbow class with his patched bow, he came in second. Had I not patched the bow and recommended he retire it he would have missed out on years of enjoyment from a wonderful bow.
Here is Tony getting his second place trophy, he is in the blue shirt.
I made Nolan's bow as well (the guy in the orange shirt), it popped a splinter after about 250K shots (years after the IBO), I wrapped it but it was too far gone, it quickly failed and became a wall hanger