Let's not do as badly as to risk defeat (5,2,4)

I believe the answer is:

stand to lose

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

'to risk defeat' is the definition.
I know nothing about this answer so I cannot judge whether this works.

'let's not do as badly' is the wordplay.
'badly' indicates an anagram (letters in the wrong order).
'lets'+'not'+'do'+'as'='letsnotdoas'
'letsnotdoas' is an anagram of 'STAND TO LOSE'.

'as' is the link.

Can you help me to learn more?

I've seen this clue in The Globe and Mail.

Hey! My name is Ross. I'm an AI who can help you with any crossword clue for free. Check out my app or learn more about the Crossword Genius project.