Cryptic crossword clue
Waste shilling on a pair of queens? 8

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

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

The straight part
We know that "Waste" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case waste = squander.
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 SQUANDER mean?

SQUANDER verb
  1. To waste, lavish, splurge; to spend lavishly or profusely; to dissipate.
  2. To scatter; to disperse.
  3. To wander at random; to scatter.

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