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History
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1) (a competition, race, in which there is) a disadvantage imposed on a competitor to make the chances of success more equal for all; anything likely to lessen one's chances of success (handicap)

2) happening without having been planned; depending on chances (haphazard)

3) the chances in favour of or against something happening (odds)

Synonyms
UK
US
Meaning:
probability

the quality of being probable; likelihood

likelihood of something happening

state

a condition in which a person or thing is (in appearance, mind, health etc); an organized political community with a government; to express (an opinion etc) in words, especially carefully, fully and clearly

condition or mode of being

CHANCES as in Wiktionary
CHANCES as in Wikipedia