Lou "Shifty" Anderson finds his routine at the racetrack disrupted when he becomes entangled in a web of deceit involving a shoplifter and a cast of desperate characters. As a magician and amateur sleuth, Anderson navigates the high-stakes environment of horse racing while attempting to untangle the motives of an art dealer, a struggling artist, and an aspiring actress. The narrative follows his efforts to maintain his composure amidst various schemes and personal perils. The story utilizes a classic hardboiled framework, focusing on the intersection of petty crime and the gambling underworld. Anderson must rely on his observational skills and sleight-of-hand background to survive the escalating tensions of the racetrack circuit.

Readers frequently highlight the lighthearted tone of the mystery, noting that the protagonist's background as a magician adds a unique flair to his investigative methods. Discussion often centers on the authentic depiction of the horse racing world and the colorful, eccentric nature of the supporting cast. Critics observe that the pacing remains brisk, prioritizing character interactions and situational humor over complex procedural details. The balance between the gambling subplots and the central mystery provides a consistent rhythm that keeps the narrative engaging for fans of classic detective fiction.