RacehorsetrainerBillBinyonandhispal,jockeyMikeGargan,arehavingahardtimeofmakingendsmeetwhentheymeetJanetWales,anattractive-but-greedyblonde,whogetsthemajobwith"LuckyJim"Morrison,awealthystable-owner.JanetplaysbothBillandMikealongtothepointthatMikebuysheranengagementring,butsheprefersBillandwrangleshimintomarryingher.Janet'sextravagancesandgamblingdriveBilltothepointofbankruptcy,andtheMorrisonhorsesareupforauction.BillandMikepooltheirresourcestobuythebestfilly,butJanetissuretocausesomeproblems.