I'm letting you...out of our bet,Warthog...the fleet...can buy me a drink...for this one.
-----from Star Wars,Tracer,who was wounded in a strike,said to Warthog.They have made a bet before the strike:If they can finish the strike task without a scratch,Warthog will buy everyone a drink.
"Let you out of the bet" = the bet is cancelled. The winner excuses the loser who does not have to pay.
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"Let you out of the bet" = the bet is cancelled. The winner excuses the loser who does not have to pay.