"even chance" meaning in English

{
  "forms": [
    {
      "form": "even chances",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "even chance (plural even chances)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
            "Entry maintenance"
          ],
          "source": "w"
        }
      ],
      "glosses": [
        "A chance in which success is just as likely as failure"
      ],
      "id": "en-even_chance-en-noun-ZakKkT-7"
    }
  ],
  "word": "even chance"
}

{
  "forms": [
    {
      "form": "even chances",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "even chance (plural even chances)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        "English countable nouns",
        "English entries with incorrect language header",
        "English lemmas",
        "English multiword terms",
        "English nouns"
      ],
      "glosses": [
        "A chance in which success is just as likely as failure"
      ]
    }
  ],
  "word": "even chance"
}