Not quite a Damon Runyon type jest, there is that element among the colorful characters. "Odds" Owen (William) morphs from ordinary bookie into insurance adventurer who'll underwrite any thing if the odds are right. So he insures Col. Youngblood for fifty-g's that his daughter (Dodd) and sole support won't marry for at least three years. Good thing Owen's got a crew of roughnecks to discourage potential suitors. Trouble is he sort of likes the fetching daughter himself.
William handles the central role in a compellingly good-natured fashion. Perhaps the programmer's most engaging part is the premise. That Owen will insure most anything if the odds are favorable leads him to insure things like a father not having twins, and a weary woman having a hog-calling voice for contests. The latter is a real room wrecking hoot. I don't suppose Owens' underwriting is illegal even though standard insurers won't take up the novel risks. Still, I doubt that using thuggish "persuaders" appears in the underwriter's handbook.
Overall, it's typical WB 30's fare— fast moving with colorful characters and well-upholstered women. Otherwise, it's an early Errol Flynn walk-on as a luckless suitor, but little more than an entertaining 60- minute time-passer. Still that's usually enough.