Who do people view as the risk-takers of society? Given that risk permeates everyday decision-making, understanding whether people mentally associate risk-taking with social groups is a valuable yet unexplored question. We propose that the concept of risk-taking connotes gendered race associations. With four experiments (N = 1404, mostly White Americans), we test whether gendered race stereotypes are conceptually associated with risk-takers, broadly construed, as well as with reckless versus responsible prototypes of risk-takers. We find that people perceive Black men as more masculine than White men, and therefore, more willing to take risks (Study 1). We further find that people envision reckless risk-takers as more stereotypically Black and masculine (and less White and feminine) than responsible risk-takers in trait attributions (Studies 2-3) and mental images constructed with the reverse correlation task (Study 3). Finally, when provided an opportunity to invest real money that could be tripled or lost, we find that people financially discriminate against reckless risk-takers in favor of responsible risk-takers (Study 4). Findings suggest that gendered race stereotypes and risk-taker prototypes are conceptually intertwined and consequential.