LanGeekLanGeek Dictionary

as likely as not

British pronunciation/az lˈaɪkli az nˈɒt/
American pronunciation/æz lˈaɪkli æz nˈɑːt/
as likely as not
[PHRASE]
1

very probably; most possibly

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Examples
1On the other hand, if I were simply analyzing the case on the basis of the record, I would be pessimistic and say it was as likely as not, maybe slightly more likely than not.
2On the other hand, if I were simply analyzing the case on the basis of the record, I would be pessimistic and say it was as likely as not, maybe slightly more likely than not.
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