Taken together with my previous articles [77], [80] devoted to the history of finite random sums and to Laplace's theory of errors, this paper sheds sufficient light on the whole work of Laplace in probability. Laplace's theory of probability is subdivided into theory of probability proper, limit theorems and mathematical statistics (not yet distinguished as a separate entity). I maintain that in its very design Laplace's theory of probability is a discipline pertaining to natural science rather than to mathematics. I (...) maintain also the idea that the so-called Laplacian determinism was no hindrance to applications of his theory of probability to natural science and that one of his utterances in this connection could have well been made by Maxwell's contemporaries. Two possible reasons why the theory of probability stagnated after Laplace's work are singled out: the absence of new fields of application and, also, the insufficient level of mathematical abstraction used by Laplace. For all his achievements, I reach the general conclusion that he did not originate the theory of probability as it is now known. (shrink)