Good water bottle but top faces wrong way and elastic band gets cut

Pros: good seal, large volume, sturdy/rugged, top flips open nicely due to the elastic band Cons: since it has a single threaded top to screw on with it is stuck always facing the wrong direction when you hold it using the grips provided; there's a serious issue with the interaction between the elastic band and the top. Over time it seems that the band gets cut and eventually breaks. I tried replacing it with a rubber band and that worked for a while before it got cut too. I've tried to include pictures to show this.

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