Bookie Odds Owen loses a bet to lawyer T. Everett Markham when Markham dopes his race horse. Disgusted by the dishonesty surrounding gambling, Odds decides to get out of the field and open an insurance business. His company insures everything from the birth of twins to the voice of a champion husband caller. He insures Col. Youngblood, the father of Broadway star Marilyn Young, against her marrying within the next three years. Although Odds does not know it, Markham inspired Youngblood to take out the policy. Because he is in love with Marilyn, he hopes to get rid of her rivals and get back at Odds at the same time. To avoid paying Youngblood, Odds discourages each man that Marilyn dates more than three times, while starting to date her himself. As a surprise, Marilyn meets Odds at his office, where she sees her father making a payment. She gets her father drunk and wheedles the truth out of him. Convinced that Odds is only courting her to avoid paying the insurance, she decides to make him fall in love with her. When he does, she tells him she knows everything and announces her engagement to Markham. Gloating, Markham invites Odds to the wedding. Youngblood begs Odds to stop Marilyn from marrying Markham, so Odds arranges for him to be caught in a traffic jam and he marries Marilyn himself. He has lost his insurance money, but gained a wife.