Usually used in context of friendly manner, but can be used in a violent manner
Quantavius: Chance, Lyin' B*tch!
Chance: You mother fucker, come here i'll beat your fucking ass!
2. To be oversexed. To have had an amzing night with someone.
This is a pretty chance pie dude.
Man, she got so chanced last night.
I chanced her like crazy.