The Hammersmith Hard Men are taking part in an identity parade for Spudgun's mum. Turns out the whole thing was a plan to scam the police for money. Everyone goes to the pub to celebrate when tight-mouthed Larry the bookmaker turns up and tells everyone about The Alleged Steed Sad Ken.
Richie chats to a Falklands veteran and finds out he has a hand-carved, wooden false leg that cost £2000. Richie suggest stealing it and pawning it to put the money on Sad Ken. Eddie gets the money and goes to the bookies. Sad Ken and his jockey are both shot resulting in a loss. When Eddie comes back to the pub Dick reveals it was all a scam by Dick, his niece, Larry and the pawnbrowker.
- The Alleged Steed: The plot revolves around A Simple Plan to raise £500 to place a bet at long odds on a three-legged blind horse called Sad Ken, after the bookie tricks them into thinking it's a dead cert. His performance is about as good as you'd expect, and the commentator informs us that they've had to shoot him (and his jockey).
- All of the Other Reindeer: Richie's status as this is demonstrated in many episodes of the series, but never more so than here, when the entire crowd of people in the Lamb and Flag unite against him, Eddie included.
- Bavarian Fire Drill: Of sorts. The cast pretend to be government officials to get free drinks at the Lamb and Flag.
- Blackmail: Eddie gets 500 quid for the leg by reminding Harry the Bastard that he still has a picture of Ted with a Chippendale and industrial-sized tub of Swarfega.
- Bullying the Dragon: Richie starts a fight with a Falklands vet and gets his arse handed to him.
- Do You Want to Haggle?: Eddie tries to sell a hand carved wooden leg to a pawnshop for money to place on a betting horse, he tries to haggle with the pawn broker with mixed results:Pawnbroker: Must be worth at least two and a half grand, I'll give you one pound fifty for it.Eddie: Um, let's haggle.Pawnbroker: Alright, a pound.Eddie: No, let`s haggle upwards.Pawnbroker: ALRIGHT, 50p!Eddie: Blimey, they don`t call you "Harry the Bastard" for nothing, do they?Pawnbroker: They don't, my name's Ted!
- In Vino Veritas: Tight-Mouth Larry the bookie tells the lads of Sad Ken being a sure bet. It's all a load of bollocks in the end.
- Mistaken for Gay: When Richie calls Eddie into the lavvies because they need lots of money, Eddie thinks Richie is going to try cottaging to get it.
- Oh, Crap!: Richie and Eddie mug the first person to enter the toilet. It's the chief inspector.
- Phony Veteran: Richie's attempt to cop off with a barmaid by using his Falklands story is ruined by Eddie ("This is all a load of bollocks") and an I Am One of Those, Too encounter with a real disabled Falklands veteran.
- Police Brutality: Spudgun's mum is taken out for a drubbing after the identity parade.
- Shout-Out: "Harry The Bastard" is an important character in "Nasty", an episode of Mayall and Edmonson's previous series, The Young Ones.
- A Simple Plan: The duo try to steal a Falklands War veteran's leg to put the money on a three-legged, blind race horse whose jockey gets shot. The following plan of mugging people in the toilets to buy the leg back is foiled by the first victim - a police officer.