For this pom pom creation it only cost me less than $5 to make and I just used three materials. Here's the how to with a minor addition.
Homemade Pom Poms
Plastic tablecovers (In any color you like.)
Then continue to do the same on the other half.
Next take off one of the clothespins and start gathering the uncut center. I gathered the center in a fan like hold till I reached the end.
Once gathered, wrap the electrical tape tightly around the center about five times.
Lastly, start fluffing each piece on both sides. Separate each piece gently to alternating sides. Once done the pom pom will be full and you won't even see the electric taped center. Here's how they will look.
I'm going to make another set using the other UH colors. Can't wait to bring these to the game this weekend.