Ring porous woods like osage, hickory, and others will soak plenty of beeswzx, paraffin, or bear grease up into the soft spring wood. You almost can't use too much. Ring diffuse woods like maple will take less to saturate.
The finish can look really nice when you are done and it isn't too shiny in the field. Beeswax also has a wonderful aroma and will not offend the olfactory senses on any game animals. Be sure to keep a wary eye out in bear country though! No sense getting Pooh's head caught in your bowstring while licking your bow!