Guessing game (1-3)
'guessing game' is the definition.
(I've seen this before)
This is the entire clue.
(Other definitions for i-spy that I've seen before include "Child's guessing game" , "Children's guessing game" , ". ... with my little eye (children's game)" , "Child's game: ''. ... with my little eye'" , "Children's alphabet game" .)