I'm far less likely to believe Peter than I am Sam. I'm far less likely to believe Peter than I do Sam. They both seem possible to me. The concern can be avoided, of course, with this:
Oh now I see what you all are talking about. I understand your advice and I probably would use that in future to avoid confusion. But just for my understanding, what is the I amand I doin their full sentence form?
While MM is sleeping, here is my unwanted 2 cents... For more likely / Far less likely are the extreme opposite in term of usage. With regard to your sentence, these are possible: 1- I am more likely to believe Sam than I do Peter (Do refers to the verb "believe") 2- I am more likely to believe Sam than I do Peter( Am -refers to "I am...") 3- I am less likely to believe Peter than