The ultimate bet in terms of personal confidence in an illegal
Street race or the like. Two racers put their cars
on the line by offering their
registration slips as winnings. The winner of the resulting race wins the opponents car for good. This is exhibited in some of the Fast and Furious movies.
Friend 1 "hey man
what's up?"
Friend 2 "I just won me a new car last night, racing for
pink slips."
Friend 1 "Wow, you're brave, putting your car up
like that.
Friend 1" well I wanted that car man.