Walking along with his bulldog, Charlie finds a "good luck" horseshoe just as he passes a training camp advertising for a boxing partner "who can take a beating." After watching others lose, Charlie puts the horseshoe in his glove and wins. The trainer prepares Charlie to fight the world champion. A gambler wants Charlie to throw the fight. He and the trainer's daughter fall in love.
Broncho Billy comes between a Mexican thug and the young woman he is disturbing. The Mexican plots revenge for the insult and captures Billy, who has rescued a lost old man. The young woman discovers Billy being held prisoner and rides for help. The townsmen gallop toward Billy's rescue.
While on the round-up, Broncho's rival one night steals his sweetheart's picture from his watch. He then returns to the girl with a note saying that Broncho has fallen in love with another girl and is returning her photograph. He signs Broncho's name. Believing Broncho's love dead, she marries the forger some time later.
