http://gamesbyemail.com/ is an email game site They have a fair primitive form of Risk called Gambit, nice to play with buds who don't go to gaming sites, also the regular board games are there
14205 completed, 9414 (69%) won Proud Founder of xiGames
Buy Warcraft III, there's a few custom maps for Risk. In those versions, you control your army. So your battles are not determined by a dice, but by skilful control of army and navy. It's more about army composition, micro, multi-pronged attack, and counters.
Not only that, but the game is much more dynamic. Major battles would actually take time, not just in one round.
To top it off, since the games are much shorter, you won't feel as angry when noobs suicide on you.
Everyone with a big nose posts pictures and the biggest nose wins.
try to avoid getting involved playing against the Israelis. We got them in the group stage of the world cup 4 years ago and never made it out of the group.