 Several philosophers have sought to establish coherence as a consistency constraint on degrees of belief through a version of the DBA that does not presuppose any definite connection between degrees of belief and preference (Christensen 1996, 2004; Howson and Urbach 1993; Hellman 1997). These so-called depragmatized arguments purport to improve upon Ramsey’s treatment by making clear how coherence is supposed to mirror the ordinary notion of consistency. Howson and Urbach attempt this by identifying an agent’s degree of belief in \(M\) with the bets she regards as fair, such that for credence \(q\) in \(M\), a bet with cost $\(Sq\) that pays