Three cowboys trick a magician helping them rob a bank by taking Bat Masterson's gun "as a joke." Bat and the magician team up to recover the loot through the aid of another conjurer's stunt.
Bat receives half of the cane he gave to Jane Taylor long ago and rides to her ranch to investigate.
Bat meets a Lisa Truex, a former employee who stole $2000 from him before skipping town. In order to stay out of jail, the woman sells Bat a worthless piece of land that Bat converts into an exclusive graveyard.
On his way to investigate irregularities in a bank's bookkeeping, Bat becomes involved with embezzlers, murderers and a thieving dog.
Bat's friend, Ellie Winters, is hired by promoters who are selling shares in their diamond mine.
A stagecoach carrying Bat and Claire, the local sheriff's fiancee, is robbed and Claire is kidnapped. With the sheriff wounded and out of action, Bat tries to rescue Claire and capture the entire gang of kidnappers by himself.
Bat and his partners fleece an unscrupulous businessman out of half the profits in a rich gold mine.
When two speculators try to corner the stock market by sending former Pony Express riders racing from the mining towns to Denver with the latest information, Bat helps his friend, Hugh Blaine, counter the move with by sending his news by carrier pigeon.
When Hugh Blaine bets $50,000 that all four hooves of a harness racehorse are off the ground at the same time he agrees to pay Bat ten percent of the bet to supply the proof.
Bat's old friend Luke Short offers him 50% of the Long Branch Saloon if he'll help make the place profitable. Bat hires a pretty piano player and business picks up, much to the chagrin of owners of rival establishments.
Bat agrees to help a group of women campaigning for women's suffrage in Wyoming fight a cabal of wealthy ranchers who wish to prevent women from getting the vote.
Bat is convinced that a painting purchased by a beautiful friend is a forgery and attempts to put the crooked art dealer out of business.
When General Moran bets a spur of his railroad against a Texas horse ranch that a Kentucky thoroughbred can beat a Texas quarter-horse in a 440 yard spring, he hires Bat to train his horse to win the wager.
A unsophisticated miner runs afoul of a town boss and is framed for murder. When the town's lawyers refuse to represent him because they fear for their lives, Bat agrees to represent the defendant in court.
When a man is elected to be the town sheriff campaigning for fair taxes, the wealthy business owners ship their cash out of town to avoid paying their fair share.
When Bat learns that the two thousand dollars the Bassett brothers owe him is in jeopardy because of the shooting feud between the Bassetts and the Clementses, Bat decides to intervene to protect his investment.