Play misguidedly for money, I see (6)
I believe the answer is:
frolic
'play' is the definition.
(frolicking is a kind of playing)
'misguidedly for money i see' is the wordplay.
'misguidedly' is an anagram indicator.
'money' becomes 'l' (L can mean 'pounds').
'see' becomes 'C' (the word for the letter, according to Chambers).
'for' is an anagram of 'fro'.
'fro'+'l'+'i'+'c'='FROLIC'
(Other definitions for frolic that I've seen before include "'Frisk, gambol (6)'" , "Caper, gambol" , "Play about in lively cheerful way" , "Move in a cheerful and lively way" , "Caper, cavort" .)