Cryptic crossword clue
King’s last wife placed in hearing and exploited for gain 8

The most common and most likely answer to this crossword clue is the 8 letter word PARLAYED

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Buddy explains!

The straight part
We know that "exploited for gain" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case exploited for gain = parlayed.
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 PARLAYED mean?

PARLAYED verb
  1. To carry forward the stake and winnings from a bet on to a subsequent wager or series of wagers.
  2. (by extension) To increase (an asset, money, etc.) by gambling or investing in a daring manner.
  3. (by extension, generally) To convert (a situation, thing, etc.) into something better.
PARLAYED verb
  1. To have a discussion, especially one between enemies.

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