If something's probably true, it's likely. When you walk in the rain, it's likely that your shoes will get wet.
Likely is an adjective that's perfect for describing things you can imagine happening, such as the likely destination of next summer's vacation. Any time that something is in the cards, or bound to happen, you can explain that it's likely to happen. Though it's rarely used this way today in American English, one meaning of likely since the 15th century has been "good looking or attractive."
adj having a good chance of being the case or of coming about
at risk of or subject to experiencing something usually unpleasant
showing possibility of achievement or excellence
capable of happening or existing
adj likely but not certain to be or become true or real
having a reasonable basis for belief or acceptance
appearing to be true or real