If everybody reasons as you describe then everyone will guess 1/∞ and everyone will tie. You can't get closer to 2/3 of an infinitesimal than an infinitesimal, so it's stable.
Disclaimer: I'm not mathy. Maybe you actually can get closer to 2/3 of an infinitesimal than an infinitesimal.
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I assume "no funny business" means "entries must be of the form 'A' or 'B/C' or 'D.E' for some numeral strings A,B,C,D,E with C nonzero".
In that case Warrigal would have said "rational" rather than "real". Numbers such as 17π would presumably be fine too, not just fractions. "No funny business" presumably means "I'd better be able to figure out whether it's the closest easily". For instance, the number "S(12)/2^n, where S is the max shifts function and n is the smallest integer such that my number is less than 100" is technically well-defined, in a mathematical sense. But if you can actually figure out what it is, you could publish a paper about it in any journal of computer science you liked.