a block does not get paid into the pools wallet until 120 confirmations, most pools will not payout before this is reached.
some pools pay earlier, it means the pool operator is taking a risk that the block will go invalid before 120 confirms
You say risk, but ... what is the likelihood of that actually happening
after - say - five blocks ?
I guess it is pretty unlikely, but ozcoin had a block go orphan after 8 or 9 confirms - i missed the exact number- so certainly not impossible