game of chance / venture
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game of chance
A gambling game whose outcome depends exclusively or mainly on chance.
Roulette ist ein klassischer Hazard, bei dem man keine Strategie anwenden kann.
Roulette is a classic game of chance in which you cannot use any strategy.
venture / gamble
A daring, risky undertaking or an action with an uncertain outcome; a venture.
Die Expedition in die unerforschte Region war ein gefährlicher Hazard.
The expedition into the unexplored region was a dangerous venture.
'Der Hazard' is not the same as the English word 'hazard'. While 'hazard' in English usually refers to a general danger or risk, the German word specifically means a game of chance or a deliberately accepted venture.
Er verlor sein ganzes Geld beim Hazard.
He lost all his money at the game of chance.
'Hazard' is a loanword from French ('hasard') and is considered elevated or literary in German. It is more likely to be used in written language than in everyday conversation.
Der Autor beschreibt das Leben als einen unkalkulierbaren Hazard.
The author describes life as an incalculable venture.
The context makes the meaning clear: if it is about games, cards, or dice, a game of chance is meant. If it is about decisions, expeditions, or undertakings, a venture is meant.
Beim Pokern ist der Hazard ein wesentlicher Teil des Spiels.
In poker, chance is an essential part of the game.
In the meaning 'Wagnis' (venture), 'Hazard' is often combined with adjectives such as 'gefährlich' (dangerous), 'gewagt' (daring), or 'kalkuliert' (calculated). You can also say 'einen Hazard eingehen' (to take a risk/venture).
Die Investition in das neue Unternehmen war ein kalkulierter Hazard.
The investment in the new company was a calculated venture.
risk
Risiko and Hazard can refer to an uncertain undertaking, but they do not emphasize the same thing. Risiko refers to the possible negative consequence, while Hazard means the risky undertaking or action itself. Use Risiko for the risk of a loss and Hazard for the risky undertaking.
Der Hazard bestand darin, das neue Geschäft trotz unsicherer Aussichten zu starten.
The venture consisted of starting the new business despite the uncertain prospects.
Das Risiko eines Verlusts war bei dem neuen Geschäft besonders hoch.
The risk of a loss was particularly high in the new business venture.
