Etymology
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dicey (adj.)

"risky, uncertain" (as the roll of dice), 1940s, aviators' jargon, from dice (n.) + -y (2). Related: Diciness.

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Definitions of dicey

dicey (adj.)
of uncertain outcome; especially fraught with risk; "an extremely dicey future on a brave new world of liquid nitrogen, tar, and smog"- New Yorker;
Synonyms: chancy / chanceful / dodgy
From wordnet.princeton.edu