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Bobby Gregory was discovered by Mike Dundee as a
great boxer. Mike's opponent, Jack Balady, who uses the boxers for business only, is
after good boxers, too. On a training farm Mike Dundee arranges for Bob to learn anything
his best coach can teach him about boxing. Soon the coach phones in and tells Dundee
that Bob is ready. From now on he wins all the fights across the country. Jack Balady
meets Dundee after he and Bobby have watched a fight with Stevens, Balady's
champion. Balady islways backed by his
body guards.

Now Jack Balady gets interested. While the body guards are playing cards, he makes a plan:
He pays his man, Stevens, to pretend that he has to loose the fight in order to make Bob
the champion and then to make money through him, betting $ 200,000 on Bobby, the newcomer.
At night a drunken Stevens visits Bobby and tells him about the plan. On the ring
Bob Gregory does not fight hard. He cannot fight a man who does not give his best
and he cannot really fight knowing the other has to loose against his will.
In the end he convinces Stevens to do his best and lets himself be knocked out,
giving up the championchip. Steven does so. Both know that Balady will take it
out on Stevens. After the fight Dundee, Bobby, Stevens and Balady meet and discuss the unexpected
outcome of the fight. When Balady begins to threaten Dundee, Dundee knocks him down.
As they want to leave they see the body guards standing in the corridor and leave
through the back window.
Later Bobby Gregory becomes champion after the rematch.
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