What does the cryptic crossword clue "Spread bet? A true punt that's placed randomly (12)" mean?

The definition is "Spread". The wordplay uses an anagram. anagram of BET? + A + TRUE + PUNT = PEANUTBUTTER; definition: "Spread" The answer is PEANUTBUTTER.

Spread bet? A true punt that's placed randomly (12)

Independent Cryptic #11617 | 10 Down | 2024-01-04 flower

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