High Likelihood (your evaluation) + Critical/Catastrophic Severity (your and others evaluation) = High Risk
You mitigated the risk it seems. Spotters, safety zones, etc.
How many time your mitigation will work before the odds catch up with you? Was it really the mitigation that prevented an accident?
If you have this level of risk acceptance, I would assume you are fairly comfortable with dying if you continue to accept these circumstances.
I work in a catastrophic severity line of work, but the likelihood of an accident happening is still low. And the frequency of the event is low. This puts me in the "high risk" category.
I have personally accepted that it may kill me, and can respect someone else making the same decision. Just make sure you really understand the consequences.
"These are crazy times Mr Hatter, crazy times. Crazy like Buddha! Muwahaha!"
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