Taking place in Shinshu in the 1920s, Tsumakoi Okoma, while traveling to hone her gambling skills, teams up with the vagabond Tsukuba Tsuneji and comes into conflict with gamblers plotting to take over a rustic hot-spring town. Handling a gun and sword as skillfully as a man, Fuji Junko portrays an appealing personality that differs from Oryu in the Red Peony Gambler series. Tsuruta Koji stars as the vagabond Tsukuba Tsuneji that tops the list of an impressive all-star cast that includes Endo Tatsuo, Kogure Michiyo, Ashiya Gannosuke, Kitamura Eizo, and many others. This film is an authentic yakuza movie that conveys the true "Matatabi" (wandering gambler) feeling.

Fujiko wanders aimlessly through the country, seeking vengence on the man she onced loved, who betrayed her, and destroying her family and her life. When she discovers that man had already died, she loses her will to live. But in a twist of fate, she meets Tatsumi, a raising star in the Horikawa Family. She quickly falls in love with him and his yakuza lifstyle. But when Tatsumi is chosen to but the next Boss of the family, his jealous sworn brother Morito kills him with the help of a mysterious man behind the scenes. Now Fujiko becomes a Bakuto, a wandering yakuza gambler, and once again, walks the bloody path of vengence...