We already did it.
We started from considering two types of probability experiments:
Sample between all the observer moments
Sample between being and not being BB
P(BB|1) ~ 1
P(BB|2) = 1⁄2
By the principle of uncertainty we are indifferent between the two.
P(1) = P(2) = 1⁄2
Therefore
P(BB) = P(BB|1)P(1) + P(BB|2)P(2) ~ 3⁄4
And only then we account for the evidence, reflecting on our stable memories. Which simultaneously update us in favor of 2. and against being BB in general
P(SM|2) >>P(SM|1)
P(SM|BB) << P(SM|not BB)
Therefore
P(1|SM) ~ 0
P(2|SM) ~ 1
Which very quickly updates us to near certainty that we are not BBs.
P(BB|SM) ~ 0
Probability is a measure function, representing how often events are realized among iterations of probability experiment. The latter is a certain approximation of some real world scenario to the best of your knowledge. A map to a territory, if you will. Probabilities are “subjective” in a sense that they are properties of the map. But they are “objective” in a sense that this map represents the territory. I’m leaving you a link to my sequence on probability theory. It’s unfinished, but I believe that even in its current state it can be quite helpful for some of the questings you are raising here.
I’d recommend to be careful with invoking betting odds. Yes, it is a great validator fo correctness of probabilistic estimates, but it requires to invoke an additional measure function—the whole mathematical apparatus for utilities which is an extra complication and therefore an extra opportunity to get confused. Probability is one thing, utility is the other. If you already feel confused with the former, adding the latter probably isn’t going to make you less confused. It’s better to go back to the basics.
Even more so with “anthropic” scenarious. Appealing to Sleeping Beauty problem while trying to resolve a general confusion about probabilities is like trying to use a metaphor from quantuum mechanics while discussing philosophy. Unless you and the audience are experts in the field, most likely you are going to make yourself and everyone else only more confused.
Cudos for not wanting to pick side in the SSA vs SIA debate. It is a false dylema between two terrible options. You can do so much better than either of them.