Opportunities; possibilities (7)

I believe the answer is:

chances

I believe this is a double definition.

'opportunities' is the first definition.
('chance' can be a synonym of 'opportunity')

'possibilities' is the second definition.
(chance is a kind of possibility)

(Other definitions for chances that I've seen before include "Runs a risk" , "Opportunities or risks" .)

I've seen this clue in the Sydney Morning Herald.

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