Dagwood gets in trouble with bookies and winds up in jail. Bank manager Samuel Breckinridge comes to his rescue to thank Dagwood for getting compulsive gambler Mrs. Breckinridge out of the casino just before the police raid.

The Bumsteads receive two letters: one announcing a high-school reunion dinner, the other a "course" showing how to pick winners at the race track. Later, when Dagwood calls to tell Blondie he has received a two-dollar-and-fifty-cent weekly raise, friends present at their home to discuss the reunion dinner with Blondie jump to the conclusion that the raise was $250 weekly. and expect the Bumsteads to pay for the dinner. Dagwood gets fired again, and horse-racing, a race-track, touts, bookies and assorted characters also get involved.—Les Adams <longhorn1939@suddenlink>