The most common and most likely answer to this crossword clue is the 8 letter word QUINELLA
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More clues leading to the result QUINELLA
Buddy explains!
The straight part
We know that "Shows what punters may go for, cobber!" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case shows what punters may go for, cobber! = quinella.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 QUINELLA mean?
QUINELLA noun- A form of bet in which the bettor predicts the first two finishers in a race, without concern for the order of finishing.
- To have two team members, horses, etc., finish first and second in the same event.