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Are you often asked to describe the purpose of a lasso? Little did you know but many are of the idea that it is a functional piece of rope, many favorites among ranch owners and cowboys. A fair reason -capturing cattle, horses or livestock can be a tedious job. The stiff ropes of a lasso simplify the task of capturing the mammal. Spotting the use of a lasso in rodeos and other competitive sports is pretty common. In true layman terms, a lasso is a sturdy rope with a loop on one end, working as a restraint.