Counterfactual scepticism holds that most ordinary counterfactuals are false. The main argument for this view appeals to a ‘chance undermines would’ principle: if ψ would have some chance of not obtaining had ϕ obtained, then ϕ □→ ψ is false. This principle seems to follow from two fairly weak principles, namely, that ‘chance ensures could’ and that ϕ □→ ψ and ϕ ⋄→ ¬ ψ clash. Despite their initial plausibility, I show that these principles are independently problematic: given some modest closure principles, they entail absurdities. Moreover, on the most promising strategy for saving these principles, they do not, in the relevant sense, entail the chance-undermines-would principle. Instead, they entail a principle that only supports counterf...