Three Hats Puzzle

The Puzzle:

Three Hats

Three people enter a room and have a green or blue hat placed on their head. They cannot see their own hat, but can see the other hats.

The color of each hat is purely random. All hats could be green, or blue, or 1 blue and 2 green, or 2 blue and 1 green.

They need to guess their own hat color by writing it on a piece of paper, or they can write "pass".

They cannot communicate with each other in any way once the game starts. But they can have a strategy meeting before the game.

If at least one of them guesses correctly they win $50,000 each, but if anyone guess incorrectly they all get nothing.

What strategy would give the best chance of success?

(Hint: 100% chance of success is not possible.)

Do you have the answer? Check against our solution!