Engaging in dangerous acts for the soul reason of consuming a salty, wheat-based cracker. Also slang for taking extreme risks for little reward.
Running in front of an oncoming freight train just to get a quarter on the other side of the tracks. "Dude, there's a train coming what are you doing?" Response: "I'm gonna risk it for the triscuit!"

Also, "They're out of Cheez-its! I'm gonna risk it for the triscuit."
by Ghetto Wordsmith June 14, 2014
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