Crossword Genius

Puts out for a bit of fun in boats (5)

Ross

I believe the answer is:

punts

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

'fun in boats' is the definition.
'punts' can be an answer for 'boats' (I've seen this in another clue). I'm not certain of the 'fun in' bit.

'puts out for a bit' is the wordplay.
'out' indicates putting letters inside.
'for a bit' becomes 'n' (I can't explain this - if you can you should give a lot more credence to this answer).
'puts' placed around 'n' is 'PUNTS'.

'of' acts as a link.

Can you help me to learn more?

(Other definitions for punts that I've seen before include "Stakes" , "Flat-bottomed boats" , "kicks" , "river-craft" , "bets" .)

I've seen this clue in the Evening Standard.
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