Josephine Burden, a young heiress vacationing at a summer resort, meets inveterate gambler Horace Beard at a casino. Horace becomes infatuated with Josephine, unaware that she is wealthy. Fellow lodger George Collins sees financial gain for himself in arranging an introduction for the two and convinces an inebriated Horace to sign a note promising Collins $50,000 if the introduction results in marriage. Horace and Josephine meet, fall in love and marry, but when Collins demands payment, Josephine overhears and repudiates her marriage. In an attempt to recover the damning agreement, Beard breaks into the Collins home, and a fight ensues. Collins finally confesses to his ploy and Josephine and Horace are reunited.