This isnt the exact trick I thought I would be seeing. There has been a similar rubber band trick around for many years that goes over two fingers instead of one. I believe this is some variation on that trick. I'm also guessing it's the trick called "hand jump" described here and explained on the dvd they are selling if it's worth $34 for you to find out.
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it is pretty simple it is in my magic book but his is a bit similar
Well, he's certainly good.I think it's done with a rubber band and a "fake" band that actually does the "jump" from finger to finger except for the last.I'd love to be in the audience and supply "my" band of a different color and see what happens.I don't see any other way to get it to jump from finger to finger when we can see the ends of his fingers.
That's how I read it. Half-ring gimmick and a bit of palming. Frankly I think he pushes it a bit too far in the demo and starts giving it away..