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It's total placebo effect. They were selling them down at the pier at a festival a few weekends ago. They do this demonstration where they have you sand straight up and tell you not to move, and then push you, and you nearly fall over and have to catch yourself. Then they give you a bracelet and do the same push. People don't tip over as easily, and they claim it's the bracelet. It's just you mind telling yourself that, because you believe this bracelet, you won't fall over, when in fact all that is happening is that your brain is just working better the 2nd time around and resists the push better.
There is this guy at work who wears one, says that he knows it shouldn't work, and says it has no science behind it, but it does work somehow. He plays a lot of basketball with some guys at the gym next door and they are all into it.
The private gym that is next door to my office is used by a lot of LA Laker players, and a few of those guys even wear em.
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