As a mathematical theory, modern probability is based on a set of axioms formulated by Kolmogoroff in the 1930's. To make a probability of probability theory, one can see if the axioms make sense in this case.
In the U.S. the typical example of a conditional probability is someone making the second free throw:
Jeff Hornachek (Don't remember spelling) had a 90% free throw rate, so on a double free throw, he had a 81% (or 90% of 90%) chance of making his second shot.
An alternative example would be from statistics or zero knowledge proofs where probability is used as an expression of confidence. Be wary that this type of double probability is something different than the conditional probalitity described above.
For example, there is a 90% probability that that loaded die has a 70% chance of rolling a 6.
Or from polling: There is a 95% probability (expressing confidence in the poll) that each voter has a 45% probability of voting for Arnie.
'sOK, NateTG gave some excellent examples. Practical interpretations of multiple probabilities tend to elicit different physical variables for each expectation, though. My first free throw might anticipate more rebound action than the second.
A Gaussian curve might be described as an infinite succession of probabilities, whereas a constant statistic could not. Endless deviatives of the Gaussian attest to the potential underlying infinite series of probabilities.
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