JamesDowning
Explorer
It's a Catch 22 - you want the strap to stretch properly so as to be less likely to shock-load whatever it's attached to, but if something hard or heavy does break, you want the rope to have stretched as little as possible (as each centimetre of stretch is more stored energy)!
If you're dealing with a static load, you'd be right. But we're dealing with energy of motion. No matter the amount of stretch the strap has you've got the same amount of energy going into the strap (all the energy is from the vehicle speed and mass). That's why more stretch is safer in this situation - it reduces the forces that occur in the strap so you can "bounce" off it without breaking stuff.
But you're right if you're talking about using a dynamic strap in a static situation (like with a winch as an extension). Instead of moving the vehicle with the winch's energy, you're just storing energy in the strap initially.