Follow the presentation outlined earlier by removing the wallet and taking out the prepared bill with the right hand. Keep the fingers of the right hand across the lower part of the bill masking the serial number with the circled digit. Do this casually since at a distance of a few feet, no one could or would notice the circled digit as you remove the bill from the wallet. Be sure that no one catches a glimpse of the written prediction on the pad as you remove the bill.
Close the wallet and place it under your left armpit. When you're ready to have the spectator choose one of the eight digits, with the left hand, grasp the top edge of the bill and swivel it down until it's parallel with the floor. The right fingers should still be masking the serial number with the circled digit although the bill has moved 90 degrees. Don't move your right hand, just let the left hand move the bill into position. Holding the bill in the right hand, extend it to the spectator asking him or her to mentally choose any one of the eight digits in the serial number. With the left first finger, tap the serial number in the upper left of the bill to direct the spectator's attention to the proper place. Obviously, it makes no difference which of the eight digits the spectator chooses because he or she has only three choices. No matter which of the three digits is chosen, you're going to have a clean out.
For example, suppose the spectator chooses a "3." You state it's a well known fact there are no two bills with the same serial number, however, each bill does have two identical serial numbers printed on it. To prove that you knew in advance which digit the spectator would choose, you explain that you circled one digit in the other serial number several hours earlier. Remove the covering fingers of the right hand and allow the spectator to call aloud which of the eight digits you've circled. Naturally, it's the "3." Finish by returning the bill to your wallet and replace it in your jacket pocket.
If the spectator chooses the "5," the left fingers go behind the bill and the right hand moves to the left, turning the bill around in the process as it's grasped by the left hand. The lighter side of the bill should now be facing the spectator. State to prove that you knew in advance which digit the spectator would choose, several hours ago, you typed a prediction across the bill. Have the spectator read it aloud. Bingo! Another lucky guess.
Finally, should the spectator choose a "7," simply fold the bill in half and ditch it in your right hand jacket pocket. Retrieve the wallet from under your left armpit as you state that to prove that you knew in advance which digit the spectator would choose, several hours before the show you wrote a prediction on the pad in your wallet. Open the wallet and display the prediction.
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Today I'm going to teach you a fundamental Mentalism technique known as 'cold reading'. Cold reading is a technique employed by mentalists and charlatans and by charlatan I refer to psychics, mediums, fortune tellers or anyone that claims false abilities that is used to give the illusion that the person has some form of super natural power.