I like using balloons as fork ties. They don't really perform any better or worse than a strip of TBG but I really like having a variety of colors to choose from. One 12 inch balloon will make 2 fork ties.
This natural hangs on a wall in a room now, but i've Used braided balloons for the bands, as well as fork ties. They are latex, so good stretch , they work pretty good. Jorge Sprave has a YouTube video using condoms for slingshot bands.
Using a long slender skewer, stuff one balloon in another and try them for bands. Those look like a 260 balloon. The 260 is the size of the balloon when fully inflated. 2" diameter, and 60" long. Another balloon that I have used for bands are 360's. Don't last long but the work.
I too have used them for tying my bands and tubes.