I don't think I'm wrapping them too tight.... hmm.

I think it's more of what Missy said.... there's something going on with my ability to form a tight fist and the wrong parts of my hands are taking the brunt of the impact. They hurt even when I hit the bag without wraps on. In fact, I can hit the bag without wraps and without gloves and the pain is much less.

I'm going to try tying them in a tight circle to break in... like working a baseball glove.