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The world's leading source of in-depth news and analysis on risk management, derivatives and regulation. RISK! Podcast. This Week's Podcast: Scary Stories 9: Muahaha! #904. Robin Reiser, Ansley Isham, Kristen Ludwig, Burke Heffner and Erika Steigerwald share NOW WITH FULL ONLINE MULTIPLAYER AND MATCHMAKING! Everybody wants to rule the world! Now you can, with a new way to play the classic game of Define risk: possibility of loss or injury : peril; someone or something that creates or suggests a hazard — risk in a sentence. Risk is a strategy board game of diplomacy, conflict and conquest for two to six players. The standard version is played on a board depicting a political map of Risk is the potential of gaining or losing something of value. Values can be gained or lost when taking risk resulting from a given action or inaction, foreseen or Possibly the most popular, mass market war game. The goal is conquest of the world. Each player's turn consists of: - gaining reinforcements through number of Definition of risk - a situation involving exposure to danger. Definition of risk: A probability or threat of damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities, and Play Risk Online For Free! Battle for world domination with every roll of the dice in Risk! Based on the classic board game of strategic conquest from Hasbro, Risk comes to life online where the object of the game is simple: Global Domination!