If horse number 12 wins the Kentucky Derby, the speaker will win $22,000 from a $1,000 bet and sell a blazer for $500.
"Kentucky Derby today. I bet on number 12. Number 12 wins, I got $1,000. I win 22,000. I'll sell you my blazer, the one I was going to sell to Ben for $500. Only if number 12 wins. Deal."