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During the Great Depression, Chaney bare-knuckle boxes to survive. Speed, an avid gambler, recognizes his talent and becomes his manager. They hire a cut man named Poe, and Speed borrows cash from some gangsters to bet on Chaney's fight. They win, but Speed gambles and loses his portion and remains in debt. In the end, a rival manager named Gandil buys Speed's debt and forces Chaney to fight Speed against his toughest foe yet.
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