Down on his luck, jockey agent "Boots" Malone (William Holden) is at a diner with his friend "Stash" Clements (Stanley Clements) when teenage runaway Thomas Gibson Jr. (Johnny Stewart) tries to pay for his meal with a hundred dollar bill. When the cook asks him to come back in the morning for his change, Boots steps in (the diner is a portable trailer and will be somewhere else by that time). Interested in the money himself, Boots takes the boy under his wing. Tommy is eager to become a jockey, so he offers to pay Boots to train him. He is soon doing various chores around the stables.
Meanwhile, Boots, Stash, and "Preacher" Cole (Basil Ruysdael) have their eye on a promising horse, White Cargo. They fix it so that it performs badly at its next workout. As a result, owner Howard Whitehead (Ed Begley) puts it up for auction. When another bidder offers more than they have, Tommy produces another hundred dollar bill and they have their horse.
One day, White Cargo is startled and bolts with Tommy on his back, showing that the boy has some talent. Boots begins to really train him. He lets the lad ride in a race, but does not tell him that they have secretly weighed White Cargo down (so they can get better odds for their bets in a later race). The horse does poorly in the race and the boy is upset. To restore Tommy's confidence, Boots has him ride in another race with a different horse; he wins....
Directed by William Dieterle
Written by Milton Holmes
Produced by Milton Holmes
Starring William Holden
Johnny Stewart
Cinematography Charles Lawton, Jr.
Edited by Al Clark
Music by Elmer Bernstein
William Holden as "Boots" Malone
Johnny Stewart as Thomas Gibson Jr.
Stanley Clements as "Stash" Clements
Basil Ruysdael as "Preacher" Cole
Carl Benton Reid as John Williams
Ralph Dumke as Beckett, Whitehead's adviser
Ed Begley as Howard Whitehead, a wealthy, but inexperienced horse owner
Hugh Sanders as Matson
Harry Morgan as "Quarter Horse" Henry (as Henry Morgan)
Ann Lee as Mrs. Gibson
Anthony Caruso as Joe
Billy Pearson as Eddie Koch, a rival jockey. Pearson was a real-life thoroughbred jockey.
Emory Parnell as Evans (uncredited)
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