Would you prefer a game with a 90% chance of winning, or one with a 10% chance of losing? You might scratch your head and say it's the same thing, and you'd be right, but research has shown that people's perception of risk is surprisingly vulnerable to the way it's presented. In this article David Spiegelhalter and Mike Pearson explore how risk can be spun and there's an interactive animation for you to have a go yourself.
This may seem like an odd question — after all, he’s won — but it opens up some deep philosophical issues surrounding probability. David Spiegelhalter investigates how probability can be defined.