Step 1: Start by simply wrapping the strips of wire with the electrical tape. I would recommend seven complete wraps, so that the wires are stiff and strong, but not so much that they can't be easily bent and manipulated. However, this may vary by the thickness of the tape and wire used. Test the wrapped wires out on various surfaces to make sure the number of wraps is appropriate before applying more. Make sure to leave the last 2 inches unwrapped at each end of the wires.
Step 2: Twist the unwrapped wire ends into small “U” loops. One of these ends will serve as the "feet" of the tripod for when you need to balance it on a flat surface, while the other end will be fastened to the bolt.
Step 3: Proceed by wrapping the end of the bolt nearest the head in one layer of tape, and then taking the “U” loops of the legs and clinching them tightly onto the bolt evenly spaced around the circumference of the bolt.
Step 4: Then, wrap further layers of tape around the combined wire loops and the bolt to fasten it securely. Don't skimp on the tape!
And that's it!