Cryptic crossword clue
See old poet? He would have made a bit once! 7

The most common and most likely answer to this crossword clue is the 7 letter word LORIMER

I've seen this crossword clue in The Times
L
O
R
I
M
E
R

Buddy explains!

The straight part
We know that "He would have made a bit once!" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case he would have made a bit once! = lorimer.
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 LORIMER mean?

LORIMER noun
  1. A person who makes the bits and other metal parts of a horse's bridle, and other small metal pieces.

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