Two Dollar Bettor

John Litel is the comptroller of a bank who meets up with some friends at a racetrack. He's never bet on the ponies in his life, but he's badgered in a friendly way into a $2 bet, which he wins. He wins the next one, and gets to enjoy the extra money.... until he starts to lose and embezzles money, hoping to get even.

We're in B movie territory, with director Edward L. Cahn handling it like an extended version of CRIME DOES NOT PAY; he had directed a few of those in his early days at MGM. Although he was never a great director, he was a competent one who let everyone in his cast and crew do their jobs, and with John Litel in the lead, and with Marie Windsor playing one of her shady girl characters, the movie is pretty good.