When we say there is "very little chance" of something happening, we indicate a low probability or possibility of the event occurring. However, there are other phrases and synonyms we could use to convey the same meaning. For example, we can say there is a "slim chance", meaning there is only a small chance that something will happen. Another phrase could be "remote possibility", or an "outside chance", which all indicate that the likelihood of something happening is minimal. Finally, we could use the phrase "long shot" to indicate that something is unlikely to happen, but it's not entirely impossible.