Dice with death - It simply means to do something which is dangerous. Well, dice or ludo is a game full of chance, so dance with death will actually mean risking one's life and do something which is not safe for life, in other words, dangerous.
1. I don't want to dice with death anymore.
2. She diced with death and saved that boy in fire.
3. Hey, you want me to go to that area in this late night time, you want me to dice with death?