On wood-backed bows, one purpose of trapping is to keep a stronger wood from overpowering the weaker wood. If you put a really strong tension wood like hickory on black cherry, for example, the cherry will give up in compression (forming chrysals) long before the hickory is strained. In this case you've got much more strength in your hickory back than necessary.
You need to know that most of the work is done by the belly or back surface, since they are farthest from the neutral line in between (not much happens to the wood on the neutral line - balanced between stretch and compression). When the bow bends, the back surface stretches, and the belly surface compresses. The thickness of the limb, the amount of bend, and the relative strengths of the belly and back wood determine how much stretch and compression takes place -the characteristic of each wood determines whether it will break under that much load.
One way to equalize the strengths is to narrow the stronger surface - that's done by "trapping" or chamfering the edges so the working surface is narrower. The side benefit is that you've removed wood that wasn't doing you any good - gaining efficiency.