I don’t have time to work it out, but I think it’s pretty much that the presenter has taken the FIRST two outcomes that the contestant wants, and made them the SECOND two outcomes of his winning combination.
Thus, comparing THT (contestant) with TTH (presenter).
Note the subtlety here: the coin is not being tossed in groups of three, but in a continuing sequence. If the coin were tossed in groups of three (“OK, first result is HHT, no one wins; second result is THH, no one wins…”) then the two would have equal chance of coming up.
Instead, as I read the problem, the coin is being tossed and results recorded: HHTTHHTHTH etc.
OK, so the point is that the contestant’s first two outcomes are the presenter’s second two outcomes. So when you get to those outcomes, the presenter may already have won before the contestant gets to the third outcome, if that makes sense.
Let’s use THT (contestant) and TTH (presenter).
So, we may have a few heads before we get to a T.
THen, patterns of next three flips (with the first flip a T) could be:
TTTT
TTTH - presenter wins on fourth flip
TTHT - presenter wins on third flip*
TTHH - presenter wins on third flip
THTT - Contestant wins on third flip
THTH - Contestant wins on third flip
THHH
-
- this is the critical one. Note that the contestant would win on the fourth flip, but you never get to the fourth flip, because the presenter has already won (because his LAST TWO flips were same as the contestants FIRST TWO)
The presenter is winning 3 times to the contestant winning twice.
If I expand the results that have no winner after four tosses and add a fifth and sixth toss:
TTTT-TT
TTTT-TH - presenter wins on 6th toss
TTTT-HT - presenter wins on 5th toss*
TTTT-HH - presenter wins on 5th toss
THHH-TT
THHH-TH
THHH-HT
THHH-HH
Again, you see that the case marked *, the contestant would have won on the 6th toss, but it never gets there.
So, in 6 tosses, we have presenter winning 6 times, contestant winning only 2 times.
I haven’t worked out the numbers, but the pattern is pretty clear, how the presenter wins more often, and why.