What does the cryptic crossword clue "Strange lad with pet, one a lot of money backed (4-2,9)" mean?

The definition is "one a lot of money backed". The wordplay uses a charade (building blocks). ODD (synonym="Strange") + SON (synonym="lad") + FAVOURITE (synonym="FAVOURITE") = ODDSONFAVOURITE The answer is ODDSONFAVOURITE.

Strange lad with pet, one a lot of money backed (4-2,9)

Guardian Cryptic #29698 | 9 Across | 2025-05-19 flower

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