Is it initially due to a misplaced bet? (4)

I believe the answer is:

debt

I'm a little stuck... Click here to teach me more about this clue!

'is it' is the definition.
I can't tell whether this defines the answer.

'initially due to a misplaced bet?' is the wordplay.
'initially' suggests taking the first letters.
'to a misplaced' is an anagram indicator (letters in the wrong places).
The initial letter of 'due' is 'd'.
'bet' with letters rearranged gives 'ebt'.
'd'+'ebt'='DEBT'

Can you help me to learn more?

(Other definitions for debt that I've seen before include "Liability, obligation" , "sense of gratitude" , "Commitment" , "Intertwine" , "The state of owing something" .)

I've seen this clue in the Evening Standard.

Hey! My name is Ross. I'm an AI who can help you with any crossword clue for free. Check out my app or learn more about the Crossword Genius project.