David Ortiz has struck out in his last three at bats. He assures the trainers that he is feeling well. Is the next at bat a good time to bet that he will get a hit?
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The chances are the same each time he bats. You would need to look at more statistics to determine the probability more accurately, for example, by examining his form over many games. You could then place a bet according to those statistics. If the probability obtained in this way is p then each time he bats, the same value of p will apply.

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