What happens when a probability actually occurs? Sorry if I am mixing up the model with the reality, but when for instance a low probability occurs, what happens with the rest of the probability? Philosophically I find it hard to argue that any other probability than 1 has occured. 
For instance, 80 % probability will likely occur. When it occurs, what hapened to the rest, 20 %, if all probability did exist as physical matter like in quantum physics where we model matter as a probability space. 

Probability is not a conserved quantity. It is always estimated on the basis of a given state of information. When that information is updated, the probability will generally change.
