Cryptic crossword clue
Wally, the pickpocket’s son, gets credit 8

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

I've seen this crossword clue in The Guardian
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Buddy explains!

The straight part
We know that "Wally" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case wally = dipstick.
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 DIPSTICK mean?

DIPSTICK noun
  1. A stick or rod used to measure the depth of a liquid. Often used to check the level at which a liquid in an opaque or inaccessible tank or reservoir stands; gauge.
  2. A penis.
  3. A useless person of inferior intellect; a dipshit.
DIPSTICK verb
  1. To check (a person) for their understanding of something, as of a lesson, or attitude toward something.

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