The likelihood of something means the odds that it will happen, or how likely a particular outcome is. Your likelihood of winning the lottery is pretty slim.

If you figured out the likelihood of winning the lottery before you bought a scratch ticket, you might end up spending your money on something else. Likelihood indicates probability or chance. The likelihood that you'll convince your stubborn dog to get in your car completely depends on how many dog treats you've got in your pocket.

Definitions of likelihood
  1. noun
    the probability of a specified outcome
    synonyms: likeliness
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    unlikelihood, unlikeliness
    the improbability of a specified outcome
    the likelihood of a thing occurring rather than not occurring
    type of:
    the quality of being probable; a probable event or the most probable event
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