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To do wrong and possibly lose out, can mean a lot (6)

Ross

I believe the answer is:

oodles

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'a lot' is the definition.
(oodles means a large amount)

I don't understand how the remainder of the clue works.

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(Other definitions for oodles that I've seen before include "Large number or amount" , "a feast" , "Informally, great quantities" , "'Loads, lots (6)'" , "Lots (colloq.)" .)

I've seen this clue in the Evening Standard.
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