"I bet you she into me, her cheddar, she givin' me
I make a b**** stand outside forever, like the Statue of Liberty" -
This is a reference to prostitution. Pimps demand that all money their prostitutes make be given to them. The second line is about pimps forces their prostitutes to earn as much money as possible. That means that they may have to stand outside for long periods of time in all weather conditions like the Statue of Liberty.