A male, (or female), who is very attractive but also participates in risqué and overly flirtatious activity. Therefore creating a certain amount of risk in getting physically involved with him or her.
Guy 1"Hey dude did you see what Ashley was wearing today?"
Guy 2"Yeah she was looking hot man. You should tap that."
Guy 1"No way bro! She's hot, but a total dime risk."