Is there a "correct" way to thread (textile) pedal straps for use with toe clips?
In the photo above, I threaded the strap in the "opposite" direction to that of how Sheldon Brown threaded leather straps in order to try to keep the large amount of extra length "inside" the pedal rather than going down and "away from" the bike frame, which might lead it to e.g. dragging on the ground (my bottom bracket is rather low, as can be seen in the photo). However, just like Sheldon, I twisted the strap 360° as it passes through the pedal in order to keep it from sliding out of position.
However, I have a feeling I'm "doing it wrong" because I've never seen pedal straps with this much slack before. Furthermore, on the web there are photos of very similar (but not identical) straps which have the rest somehow "tucked" away: