Horse that is not placed in corrals or anywhere (4-3)
I believe the answer is:
also-ran
'horse that is not' is the definition.
'also ran' can be an answer for 'horse' (I have seen 'Unplaced horse' mean 'also ran' so perhaps 'horse' could also mean 'also ran'). I am unsure of the remainder of the definition.
'placed in corrals or anywhere' is the wordplay.
'placed in' indicates a hidden word.
'ALSO-RAN' is hidden within 'corrals or anywhere'.
Can you help me to learn more?
(Other definitions for also-ran that I've seen before include "Non-winning horse" , "Non-winning racer" , "Not placed among winners, as in racing" , "This horse doesn't win" , "Poor performer in race" .)