Crossword Genius

Stage production where everything is in hazard (6)

Ross

I believe the answer is:

ballet

I'm a little stuck... Click here to teach me more about this clue!

'stage production' is the definition.
The answer and definition can be both acts as well as being singular nouns.
Perhaps there's a link between them I don't understand?

'everything is in hazard' is the wordplay.
'everything' becomes 'all' (all things).
'is in' means one lot of letters goes inside another.
'hazard' becomes 'bet' (both can mean to gamble or risk).
'all' going inside 'bet' is 'BALLET'.

'where' is the link.

Can you help me to learn more?

(Other definitions for ballet that I've seen before include "kind of skirt" , "The Nutcracker or Giselle, say" , "Theatrical dance" , "The theatre of dance" , "eg Giselle" .)

I've seen this clue in the Evening Standard.
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