The film is loosely based on legendary racing horse Gold Heels and the novel Checkers: A Hard Luck Story by Henry Martyn Blossom.

[1] As described in a review in a film magazine,[2] following a steak of hard luck at the race track, Boots (Agnew) and his pal Push (Littlefield) rescue a chap from thugs.

He is attracted to a young woman, Pert Barlow (Shaw), and gets a job in her father's (Stockdale) store.

Old Barlow owns the broken-down horse, Gold Heels, which Boots buys.

A print of Gold Heels is held at the Museum of Modern Art, New York City.