Familiar odd punches beaten by one shot (10)
I believe the answer is:
acquainted
'familiar' is the definition.
('acquainted' can be similar in meaning to 'familiar')
'odd punches beaten by one shot' is the wordplay.
'odd' becomes 'quaint'.
'punches' is an insertion indicator (punch can mean to create a hole in).
'beaten by one shot' becomes 'aced' (tennis term).
'quaint' placed inside 'aced' is 'ACQUAINTED'.
(Other definitions for acquainted that I've seen before include "Made aware of" , "Notified" , "Well-versed" , "knowing a little" , "Familiar (with)" .)