The plot concerns Beaumont, a horse breeder with a penchant for gambling, who is down on his luck.<ref name=NYT/> After losing at poker and being forced to give up several of his horses to cover his losses, Beaumont bets it all and loses again when his horse, Virginia's Future, suddenly falls and breaks a leg while leading the pack in a critical race.<ref name=NYT>Wollstein, Hans J., "Kentucky Pride (1925)", Rovi Corporation, ''New York Times'' web site. Accessed January 9, 2015.</ref><ref name=Hasumi/> Beaumont's selfish wife tells the horse's trainer, Mike Donovan, to kill the injured horse, and abandons Beaumont for Greve Carter, a well-to-do neighbor. Beaumont also loses his relationship with Virginia,<ref name=NYT/> his daughter from his previous marriage. Beaumont and Donovan manage to save Virginia's Future, and she births a colt<ref name=NYT/> (or a filly<ref name=Hasumi/>) named Confederacy, but his financial troubles force him to sell off both the colt and the mare. Confederacy is mistreated by his new owner, a foreign junk dealer, and Virginia's Future is forced into hard labor as a pack horse. But when Confederacy is later entered to run in the Kentucky Futurity, ridden by Mike Donovan's son Danny,<ref name=NYT/><ref name=Hasumi/> Beaumont gathers everything he can and bets it all again. This time he wins. He is reunited with his daughter and buys back the colt, giving it a good life in the pasture.<ref name=NYT/><ref name=Hasumi/>
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