Risk it,Run the risk,take my chances
I heard a sencence that goes like this "I don't wanna risk it" means run the risk or take my chances. Can someone help me out explaing the differences and the meaning of "risk it" "run the risk" and "take my chances" and can you give me an example of each one to understand better the meaning and the context.

Question

Answer

they are only different because of the grammar, you can structure your sentences so that they all have the same (similar) meaning:

If I were you, I wouldn't risk it, your boss won't be happy
If you do that, you run the risk of being fired
Are you sure you wanna take your chances with the boss?

These sentences, though said in different ways, have the same meaning. 
Choose which ever one you think feels more comfortable

"I'll take my chances" is a good reply to all of the above.

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