Young widow Mrs. Peggy Donato comes to see her old flame, Dick, to try to get him to run her much larger bookmaking operation (inherited from her late husband). She and Ellen soon detest each other. Dick's trouble really begins when Ellen unwittingly takes a bet from Mrs. Donato on a fixed race, putting Dick in debt to her for $50,000. Mrs. Donato, who would rather have Dick than the winnings, tells him that if he does not go away with her or pay her, her gang will deal with him.