Not really. There are pads you can put under them to help protect the leg as well. I mean, they protect to a certain extent but not as well as a splint boot does. I don't use them unless I'm barrel racing, in which case I have purple ones that match my color scheme.
Oh, and if you wrap them too tight you can seriously damage the legs....but if too loose, you'll end up with wraps dangling from the horses legs and tripping him up.
Pssh.I didn't pick up the wrong lead
It's called a counter canter...
...A very advanced maneuver.