Binding off is one of the essentials when finishing a project, and choosing the right one can mean the look of pro or newbie. Here is a list and instructions of some basic bind offs for loom knitting (this excludes rake loom knitting). There are many more than what I provide, but these methods I find work best among many I have tried.
Step 1: Basic Bind Off
This is your most basic bind off, best for finishing a straight edge with no need for stretchy movement. There is a crochet bind off that I have used that does the same but that means you need a hook and with this style you don't. There is also the alternative method of movement of stitches by placing the stitch under rather than on top. I have not noticed much difference in this method.
BO: Bind Off: Knit pegs 1 and 2, place loop 2 on
peg 1, and toss bottom loop over. Move loop back to peg 2. Knit 2nd stitch, move to peg 1, and toss bottom loop over. Move stitch to peg 2. Repeat from the knit 2nd stitch, move to peg 1, and toss bottom loop over, till you have no more stitches left on the loom.
Step 2: Drawstring Bind Off
The drawstring bind off is your other most basic bind off great for hats and stuff animals and such. There is the method of sending the tail through every loop rather than decreasing first. But even with larger gauge looms I prefer a simple decrease of every other peg first and then send the tail through every loop. This is a very simple bind off, in fact one of the easiest. Most start with this bind off.
DSBO: Draw String Bind Off: Cut a tail and send the tail through every loop, pull the loops off, and draw string them together.
Step 3: Modified Bind Off
The modified bind off is one I got off of Loom a Hats youtube, and in my opinion is best for finishing garments that need a stretchy but clean edge. I use this one to finish gloves and socks. It really does give a clean but stretchy edge. There are other super stretchy bind offs but I find them sloppy looking finished. This was gives better results.
MBO: Modified Bind Off: Process of knitting pegs
1 and 2, place stitch 2 onto peg 1 and toss the bottom loop over the top, then move that stitch over to peg 2. Peg 2 becomes peg 1. Repeat from the beginning from knit pegs 1 and 2 and so forth.
Step 4: Fine Gauge Draw String Bind Off
This is my personal preference for getting a smooth crown for a hat using a fine gauge loom. It is one I worked on a lot and was happy to finally got it figured out. So if you have been wondering how to get a smooth crown with a fine gauge give this method a try.
FGDSBO: Fine Gauge Draw String Bind Off: It consists of 6 rows.
Row 1: K1 D-> toss bottom loop over, K2 Repeat all the way around ( this means every 4 peg should be empty.)
Row 2-3: K only pegs with stitches.
Row 4: K1, K2 D<- toss bottom loop over, and move to the next peg. Repeat all the way around (This means every other peg will be empty.)
Row 5-6: K only pegs with stitches
Now to drawstring, send the tail through every stitch all the way around. Drawstring together.
Step 5: Kitchener Bind Off
The kitchener bind off on the loom is perfect for finishing socks. No need for knitting needles, just the loom. Brenda Myers did the figuring out on this one, and she is fantastic for doing so. Please take the time to get her personal instructions from her pattern in Ravelry "Sidestreet Hat". Just the weave can be great on finishing a flat band for the head with no seam. Just a great method for many things.
KBO: Kitchener Bind Off: The Process of moving half of the stitches, to the other half evenly, then begin this weaving technique. Send the needle through the bottom stitch, like a knit, from the top. Then send the needle through the top stitch, like a knit, though the top. Then move to the next peg, send the needle through the top loop, like a purl, from the bottom. Then go back to the 1st peg, and send the needle through the bottom stitch, like a purl, through the bottom of the stitch. Now go back to the next peg, and send the needle through the bottom stitch, like a knit. This gets you started with the pattern. Start following from the needle going through the top stitch, like a knit.
Step 6: Lace Bind Off
This is a personal add for me, the lace bind off adds a frill edge to a garment goes great with the lace cast on. Now there are other frilly bind offs out there on the loom such as the picot as just one example. My suggestion is if you see a new bind off give it a looks see what you think. This was is simple and fun.
LBO: Lace Bind Off: EWCH5 peg 1, Knit peg 2, move stitch 2
to peg 1 toss bottom loop over the top. Move the loop over to next peg and this is now peg 1. Knit peg 2, move peg 2 to peg 1, toss bottom loop over, and move stitch to peg 2, this is now peg 1. Start from the beginning, EWCH.