Lay (one's) life on the line phrase
The phrase is sometimes used hyperbolically.
To do something risky that could result in losing one’s life
We are always willing to put our lives on the line to protect the country.
Those workers lay their lives on line everyday laboring away in the freezing cold weather.
I will help her even though I have to lay my life on the line.
I would lay my life on the line if I gave you that information.
If you take a flyer (on something), you take a chance, risk, or gamble on it.
This proverb advise you already have your own valuable thing, so you don't need to take the risk of getting something better, which may cause you to lose everything.
1. To grab or make the most of the opportunities when they happens or exists
2. When you take your chances, you take a risk because you may fail.
To do something without considering risks, threats, or consequences
To do something harmful or dangerous to one's health and life
The verb "lay" should be conjugated according to its tense.
in any way at all
I will not accept it in any way, shape or form.