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The phrase "a certain amount of risk" is correct and usable in written English.
It can be used when discussing the level of uncertainty or potential negative outcomes associated with a decision or action.
Example: "Investing in the stock market involves a certain amount of risk, but the potential for high returns can be worth it."
Alternatives: "a degree of risk" or "some level of risk".
Exact(60)
I like a certain amount of risk.
I'm aware that there is a certain amount of risk.
There is a certain amount of risk involved in attending an event like this.
The notion is that all of us accept a certain amount of risk.
Midseason trades in the N.F.L. remain rare because they hold a certain amount of risk.
There is, of course, a certain amount of risk in branding the president a liar.
"He was working on some kind of edge, and a certain amount of risk is entailed".
Of course there is a certain amount of risk involved, but it is worth it".
This is a wilderness experience and with it comes a certain amount of risk.
She also teaches Lucien that a certain amount of risk is necessary to experience life.
Tannenbaum said any pick or transaction contained a certain amount of risk.
More suggestions(16)
a certain amount of change
a certain amount of confusion
a hefty amount of risk
a certain amount of guilt
a certain amount of peace
a certain level of risk
a substantial amount of risk
a certain amount of artistry
a moderate amount of risk
a certain amount of history
a certain dose of risk
a certain amount of sense
a certain amount of blowback
a certain amount of freedom
a certain type of risk
a certain amount of stress
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com