Kinda

Bending the panting lump of bovine over her thicc knee, the elephant-morph proceeds to rub gently at Betsy's well-padded ass and, in full view of you and the rest of the gym, steadily spanks the humiliated cowgirl with her right hand as her left toys with her own sizable nipples.

"Don't worry hun, not gonna take this too far but a bet's a bet, and between me and you this fat lil ass of yours was made for spanking. If it wasn't me doing it, it'd be Nightmare or one of the other heels reaming this sweet ass of yours nine ways from Sunday" she whispers, just about audible over the shameful but eager cooing of the firmly defeated Betsy. "And you don't want to make your cute Master over there worry about you, right?" she murmurs as her eyes wander all over your body.

She finishes up with a short grope of Betsy's plump cheeks, helping your poor cow to her shaking legs and moving her back to your side of the ring.

"Give it some time, work on your stamina and I'll see you in the big leagues. Can't wait to get my hands on these perfect tits of yours again!"