This paper presents an assessment of existing probabilistic methods for liquefaction potential evaluation. Emphasis is placed on comparison of probabilities of liquefaction calculated with four different methods. Two of these methods are based on SPT, and the other two are based on CPT. In both SPT- and CPT-based evaluation, logistic regression and Bayesian techniques are applied to map factor of safety to probability of liquefaction. The present study shows that the Bayesian approach yields more conservative results than does the logistic regression approach, although results from the two approaches are quite comparable. Discussion of the procedure for risk-based liquefaction potential evaluation is also presented.