The cast tease Jack about being recognized by the public. Bob and Jack joke about the possible criminal activities of the band. Conversation turns to horse racing.
Flashback as Mary tells about the recent horse track adventure. Jack is upset over his loss, but tries hard not to show it. Mary asks rochester about his girlfriend. Along the way, they encounter Bob, then Don and the Sportsmen. The whole gang helps out with the commercial singing, Clancy Lowers the Boom. Before the trip home is over, the gang meet Mr. Kitzel.
Finally, at home Jack gets ready for bed, and has nightmares about his loss of $4.75. A culmination of all the running gags in the show.