Fraud with phoney tickets right outside front of racetrack (9)
I believe the answer is:
trickster
'fraud' is the definition.
(thesaurus)
'phoney tickets right outside front of racetrack' is the wordplay.
'phoney' indicates anagramming the letters.
'right' becomes 'r' (common abbreviation).
'outside' means one lot of letters goes inside another.
'front of' says to take the initial letters.
The first letter of 'racetrack' is 'r'.
'tickets'+'r'='ticketsr'
'ticketsr' is an anagram of 'tickster'.
'tickster' going around 'r' is 'TRICKSTER'.
'with' acts as a link.
(Other definitions for trickster that I've seen before include "Cheat, deceiver" , "Practical joker" , "Loki, say" , "Hoaxer" , "Cheater, deceiver" .)