Answer:
If Michael could have taken the noon train, he would have been in time for the meeting this evening
Hope it helps
It is a symbol of his wife's deep love
He is lucky and almost always wins his bets.
FYI - Simon Wheeler does not suggest to the stranger that they bet on his frog. Simon Wheeler is the one telling the story about Jim Smiley and his frog Dan'l Webster. Dan'l Webster is the frog that is a great jumper so it's a good bet. However, the stranger fills Dan'l Webster with shot so he can't jump high and Smiley loses the bet.