Cryptic crossword clue
Wager the Spanish fiend supplies a narcotic 5,3

The most common and most likely answer to this crossword clue is the 5 plus 3 letter word BETEL NUT

I've seen this crossword clue in The Daily Telegraph
B
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T
E
L
N
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T

Buddy explains!

The straight part
We know that "a narcotic" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case a narcotic = betel nut.
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.

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