Alpha has sent me the envelope, and would do so whatever Omega decided to do. The causal decision as to why Omega visited me is irrelevant.
This is irrelevant.
"I predicted that you will refuse this £10 if and only if there is £1000 000 in Alpha's envelope." is true. To avoid ambiguity, recast is as: XNOR("I predicted you will refuse this £10", "there is £1000 000 in Alpha's envelope") is true.
As for the large ratio:
Omega snatches the £10 away from you, swallows his words, runs out and returns a bit later with a check for £100 000. "Out of deference to your uncertainties", he says, sighing, "I've decided to renew the experiment with a lesser ratio. But just this once!"
- This is irrelevant.
No, it's not. If, conditional on me always rejecting the £10 when Omega makes this specific prediction, Omega would visit when the envelope was empty, offer £10 and make the different prediction that I'd take it (the assumption being that I wouldn't refuse it without reason so Omega can't make the true prediction that I'd do so), or if, conditional on me always taking the £10 when Omega makes this specific prediction, Omega would visit when the envelope was full, offer £10 and make the different prediction that I'd take it that wo...
This is a variant built on Gary Drescher's xor problem for timeless decision theory.
You get an envelope from your good friend Alpha, and are about to open it, when Omega appears in a puff of logic.
Being completely trustworthy as usual (don't you just hate that?), he explains that Alpha flipped a coin (or looked at the parity of a sufficiently high digit of pi), to decide whether to put £1000 000 in your envelope, or put nothing.
He, Omega, knows what Alpha decided, has also predicted your own actions, and you know these facts. He hands you a £10 note and says:
"(I predicted that you will refuse this £10) if and only if (there is £1000 000 in Alpha's envelope)."
What to do?
EDIT: to clarify, Alpha will send you the envelope anyway, and Omega may choose to appear or not appear as he and his logic deem fit. Nor is Omega stating a mathematical theorem: that one can deduce from the first premise the truth of the second. He is using XNOR, but using 'if and only if' seems a more understandable formulation. You get to keep the envelope whatever happens, in case that wasn't clear.