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In this entry in the long-running "Bowery Boys" series Sach sells his soul to the Devil so he can atone for spending a charity fund at the track. The bargain enables the young man to successfully predict winning horses at the track. Soon Sach finds himself pursued by greedy mobsters who want him to work with them. Sach demurs and then ends up riding a horse in the big race. Despite his efforts to force the steed to slow down and lose, it wins. Fortunately, the horse is disqualified because Sach was an illegal rider. This has the added benefit of proving the Devil wrong and nullifying their contract. To pay for his crimes, Sach must work in a diner.