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Was a smuggler, too, but a loser (4-3)

Ross

I believe the answer is:

also-ran

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(Other definitions for also-ran that I've seen before include "Not among the first three in race" , "Losing runner" , "Unplaced racehorse" , "Unplaced competitor" , "Contestant losing by a large margin" .)

I've seen this clue in the Evening Standard.
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