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Bill Urquhart, a young wastrel disinherited by his father, tries to get a job as a jockey – just about the only thing he’s really good at. His name and position work against him, however, so he adopts an alias and prevails upon the charity of a drunken friend Charles Barrington, through whom he meets Stella Barrington - who has not only inherited her father’s racing stables but also his debts. Still incognito, he takes on the job of stable lad for Stella but little does she realise that he could be the man to finally put an end to her money worries forever.

Looking for a flat to rent, Benoit is staying temporarily at a hotel. Having seen that flats are more easily rented to couples than singles, Benoit comes up with the plan to have Jeanne, his neighbour, act as his girlfriend. Through this role play, Benoit will fall under the charm of this young lady who is keen on horse betting, and will let himself be led into an amorous bet that will ruin him.

Gerry is a talented but down-on-his-luck gambler whose fortunes begin to change when he meets Curtis, a younger, highly charismatic poker player. The two strike up an immediate friendship and Gerry quickly persuades his new friend to accompany him on a road trip to a legendary high stakes poker game in New Orleans. As they make their way down the Mississippi River, Gerry and Curtis manage to find themselves in just about every bar, racetrack, casino, and pool hall they can find, experiencing both incredible highs and dispiriting lows, but ultimately forging a deep and genuine bond that will stay with them long after their adventure is over.

Bob Hamilton gets into trouble when crooks cause the defeat of his father's horse in the Derby, and it is reported he is in with the crooks. The old man disowns him and his sweetheart, Patricia , breaks their engagement. So Bob and "Skipper", the also-suspected trainer, head for the western tracks, taking with them the horse Hamilton Senior forced them to buy, determined to make good and prove they are on the level.

Happy-go-lucky aspiring sportswriter Lon Decker from Indiana who has aspirations of becoming a sportswriter meets the shrewd and larcenous old man, "Mac" Dougal during his wandering. Mac likes to ensure his bets on Quarter-Horse races by doping a horse or two here and there. When Lon finds out Mac intends to fleece wealthy rancher Zelda Bagley he sets out to stop him.

"Ma" Ryan, who runs a burger stand at the county fair, asks daughter Loretta to put a bet on a horse that Loretta's boyfriend Tommy is riding. Unfortunately, Loretta mistakenly places the bet on the wrong horse. When she discovers her error she tries to get the cashier to exchange the ticket for the horse she wanted, but the cashier refuses. Peter Brennan, standing in back of her in line, buys the ticket for the horse Loretta wants and then exchanges it with her. It turns out that Peter is from a wealthy family that owns racehorses, and Peter is a horse trainer himself. He soon begins to fall for Loretta, and Tommy doesn't like it one bit. Complications ensue.