Heh, this might not be the answer that you're looking for, but I use plain pre-wrap to hold my hair back. The elastic bands don't stay on my head as well as pre-wrap does. I absolutely hate having a body part taped, and I don't like pre-wrap under my wrist bands, so I guess I only use it for one thing.
I use it for under things I get tape mostly, but otherwise I use for my hair too. At my school the athletic trainer has red and pink. Only during games or competitions is when you get to use the red, so during practice everyone gets pink. It's funny because sometimes the guys complain about the color.