For Ellen Grant (Ball), the worst student at the Woodruff Secretarial School, it comes as a great surprise when Dick Richmond (Holden) hires her to work at his realty company. Actually, it is her apparent empty-headedness that has won her the job. The real estate firm, and now Ellen, are merely fronts for a bookmaking operation run from the back of the office, where Dick and his associates, Gleason (James Gleason) and Kilcoyne (Frank McHugh), take bets on races.