Cryptic crossword clue
Contest open to anybody – no entry fee? 4-3-3

The most common and most likely answer to this crossword clue is the 12 letter word FREE-FOR-ALL

I've seen this crossword clue in Financial Times
F
R
E
E
-
F
O
R
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A
L
L


Buddy explains!

The straight part
We know that "Contest open to anybody/no entry fee" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case contest open to anybody/no entry fee = free-for-all.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does FREE-FOR-ALL mean?

FREE-FOR-ALL noun
  1. Chaos; a chaotic situation lacking rules or control.
  2. Deathmatch, sometimes specifically one in which every player is pitted against all the others.

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