IBE ('Inference to the best explanation' or abduction) is a popular and highly plausible theory of how we should judge the evidence for claims of past events based on present evidence. It has been notably developed and supported recently by Meyer following Lipton. I believe this theory is essentially correct. This paper supports IBE from a probability perspective, and argues that the retrodictive probabilities involved in such inferences should be analysed in terms of predictive probabilities and a priori probability ratios (...) of initial events. The key point is to separate these two features. Disagreements over evidence can be traced to disagreements over either the a priori probability ratios or predictive conditional ratios. In many cases, in real science, judgements of the former are necessarily subjective. The principles of iterated evidence are also discussed. The Sceptic's position is criticised as ignoring iteration of evidence, and characteristically failing to adjust a priori probability ratios in response to empirical evidence. (shrink)