The bracelet is working properly, fulfilled exactly its purpose. It is very simple, but that only prolongs a thin cable of about 50 cm length by its Spira run winding manner during use many times! I have the internal resistance between bracelet and alligator clip measured to verify the functionality, it is 1 megohms, just as it should be.
For home use so highly recommended when handling ESD-sensitive components (eg computer) ...