What does the cryptic crossword clue "Bit of luck perhaps after finding this on the hoof (9)" mean?

The definition is "Bit of luck perhaps after finding this on the hoof". The wordplay uses a cryptic definition. Cryptic definition The answer is HORSESHOE.

Bit of luck perhaps after finding this on the hoof (9)

Guardian Cryptic #29399 | 12 Across | 2024-06-03 flower

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