Like everyone else says, straps with no hooks are the best.
I've only got one little strap probably 6 foot and 6000lb rating or so but I just use it to pull the "dead" trucks/cars around and into/out of the shop.
I usually use some chains from work they call "lifting chains". They are 3/8 chain and certified of some sort. Grade 70 I think. I'd have to read the tags again to be sure. I've seen these chains lift the rear of a 970 Cat loader with it trying to lift something else. I've also seen the same loader snap 1in cable like peanut butter doing the same thing.
I don't worry much about them breaking but I also don't jerk on them.
Except once when my temper got the best of me trying to pull a tree stump out.
Bent my reciever hitch insert, rivited the reciever pin hole so the insert wouldn't come out, bent the chit out of my steering wheel, broke the turn signal lever, and almost put myself through the windshield!
Tree stump 1 : Me 0
A couple other things is to try to hook low so if something does break there's less chance of it getting into the cab and the old throw a heavy coat/blanket over whatever you're pulling with, (strap/cable/chain).