Lucy and Mary Jane run into Mr. Mooney at the horse races, where he had previously admonished Lucy not to go. Upon seeing a prominent client, Mooney ducks out, giving Lucy his tickets to hold onto for him while he chats with his client.
In a photo finish, the wrong horse is reported as the winner, leading Lucy to tear up Mooney's tickets. To pay him back, Lucy again takes on the identity of the rugged stuntman "Iron Man Carmichael" to drum up some cash.