Boots, I m always afraid the wraps will come undone and trip my horse even when I use tape
I prefer boots especially for eventing and jumping
Boots = provide protection from something hitting the legs (i.e. A hoof)
Wraps are thought to provide support to the tendons in the leg as well as some protection. I only use wraps when doing flatwork. Boots for everything else.
I prefer boots if your jumping over polos.
Boots as way of life hahaha ;)