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For checking the transcript: https://www.buzzsprout.com/2379282

Chances are 

means something is probably true or likely to happen.

Example

Imagine you’ve applied for a job, but you haven’t received an answer yet.

You start thinking:

“They probably didn’t like my application.”

Your friend tells you:

“Don’t worry. Chances are, they’re still interviewing other candidates.”

Your friend doesn’t know this for certain.

But based on the situation, it seems like the most likely explanation.