Why is a single 70% chance different to Ten 7% chances

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Like. I know they are different and that one is less likely. But could someone explain this in a way that I can explain it to my partner? I know it is true but cannot remember anything about why and how to explain my point.

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Anonymous 0 Comments

Can we tweak the numbers a bit? Would you rather have a single 100% chance, or 100 1% chances to win $1 million?

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