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Jerry Edwards is a professional oddsmaker and together with his assistant, Dan, owns the Dover Club, an honest and respectable gambling house. When Jerry's wife Ann sees him teaching card tricks to their young son, she decides that his business is not an appropriate atmosphere in which to raise a child. Ann convinces Jerry to sell his club to Jerry's rival, Rick Collins, who is dishonest and disreputable. Jerry goes to work for Martin Gage, who owns an investment firm. One day, Jerry returns to the office, and is arrested for Gage's embezzling because Gage has fled to Africa. Although acquitted, Jerry is bitter, and after he decides to return to the gambling business, Ann leaves him. John Crane asks Ann out and during their courtship, he helps her open a dress shop. Meanwhile, Jerry is about to open the Club Montmartre, and even though Rick threatens him, he proceeds with his plans. Ann visits the Club Montmartre and realizes the odds are fixed to favor the house. John tells Ann that Rick is coming over to carry out his threats against Jerry, and then leaves to telephone the police. Ann then reveals Jerry's crooked methods to all the club's customers in order to save him. The patrons riot and during the melee, Ann is shot by Bob Grant, a compulsive gambler who has lost $5,000. Jerry realizes what Ann has done for him and after she recovers, they are reunited with their son.