Bill Potter (Leslie Fuller) and Jim Truman (Hal Gordon) are a pair of comedians struggling to keep their roaming theater troupe in the black. When their dishonest manager takes off with all their cash, Bill and Jim sell off their assets and start over as bookmakers at a greyhound racetrack in London. When that plan also fails due to more crooks, they invest the last of their money in an unwanted greyhound named the Outcast, planning to train him for a big upcoming race.
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