College student Jimmy Shaw inherits a racehorse, named Lightning Lad, and sells stock to fellow students in order to obtain funds for racing the horse. Lightning Lad wins very race he is entered in. Marion Braddock, a spoiled rich girl who owns a racing stable offers to buy Lightning Lad, but Jimmy refuses to sell. The day of the big handicap-race arrives and Jimmy and his fellow stockholders are on their way to the track. But a group of gamblers, betting on Lightning Lad to lose, have some skullduggery plans to ensure Lightning Lad does not win the race.
Unfortunately the movie Silks and Saddles is not yet available on HBO Max.
| Production | Sam Katzman | Producer |
| Camera | William Hyer | Director of Photography |
| Editing | Charles Henkel Jr. | Editor |
| Art | Fred Preble | Set Decoration |
| Production | Ed W. Rote | Production Manager |
| Sound | Herb Eicke | Sound |
| Directing | Robert F. Hill | Director |
| Writing | William Buchanan | Writer |
