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Have done that before with double or triple layers, when I say rim tape, hockey tape works just as well.
This is usually at bike polo pick-ups or tournaments and a bodge is required (not for me) for the many ill equipped players.
Have used as a tyre boot - fiver both new and old, crisp packet, back of a puncture patch wrapped in crisp packet, sidewall of a worn tyre.
Top tip, as silly as it sounds, sewing the hole/ripped bit works pretty darn well, if it is on the threaded section and you're running slicks a slight slit to enable the thread to sit below works wonder before you boot it up from the inside.
I've used rolled up crisp packets and they lasted for ages, that's me risking it for the fun of pushing the limits but if I'll have to have a permanent fix, I'll cut a sidewall off a used tyre (GP5000 is my favourite) and tape it on with some rim tape.