- Directors: Harold Ramis
- Producers: Douglas Kenney
- Writers: Douglas Kenney, Harold Ramis, Brian Doyle Murray
- Genres: Comedy, Sport
- Actors: Chevy Chase, Rodney Dangerfield, Ted Knight, Michael O Keefe, Bill Murray, Dan Resin
Danny Noonan (Michael O’Keefe) works at the upscale Bushwood Country Club as he tries to raise enough money to go to college since his parents cannot afford it and his grades were unremarkable in high school. Danny caddies for Ty Webb (Chevy Chase), the free-spirited playboy son of one of Bushwood’s co-founders, as Ty teaches Danny about the finer points in life usually while showing off random trick shots. One day, Danny decides to caddy for Judge Smails (Ted Knight), the country club’s stodgy co-founder, in hopes of earning his favor when Smails awards the next scholarship. Smails’ golfing group includes includes Dr. Beeper, Bishop Pickering and Smails’ grandson, Spaulding. They are also joined by Smails’ sensuous niece, Lacey Underall (Cindy Morgan) , who is visiting for the summer. Meanwhile, Sandy McFiddish, Bushwood’s greenskeeper, entrusts his assistant Carl Spackler (Bill Murray) to remove a gopher digging tunnels underneith the fields.
During the game, Smails is mocked by Al Czervik (Rodney Dangerfield), a flamboyant nouveau riche real estate tycoon. Al loudly wagers $1,000 that Smails will miss his relatively short putt, which draws a crowd of onlookers. Smails misses the putt and, in anger, flings his putter in a blind rage, striking a woman. Danny takes responsibility for the incident, claiming the grips on the club were worn and Smails was not responsible, finally putting Danny in good standing with the judge. Smails mentions to Danny that the caddy scholarship has become available again, and encourages him to apply. At a Fourth of July banquet, Danny and girlfriend, Maggie O’Hooligan, work as servers as Danny becomes enamored of Lacey. Maggie informs Danny of Lacey’s sexually promiscuous reputation, but it only seems to encourage him further. However, when Ty arrives, he too catches the eye of Lacey.
The match is held the following day as Smails chooses Danny to be his caddy. Suddenly, word spreads of the stakes involved and a crowd builds. With Smails’ team is winning at the end of the 9th hole, Czervik decides to double the stakes to $40,000. Afterwards, Czervik is lightly hit by a ricocheting ball, but pretends to be hurt in hopes of having the contest declared a draw. The clubs’s manger, Lou, standing in as an umpire, tells Czervik would forfeit unless they were to use a substitute. Webb chooses Danny as Smails threatens to revoke Danny’s scholarship, but Czerik offers Danny a better offer as Danny turns down the judge’s scholarship. At the final hole, the score is tied. Judge Smails makes his putt, putting the Smails-Beeper team ahead by one shot. Danny must sink his very long putt to force a tie. Czervik raises the stakes to a double-or-nothing $80,000 on Danny making the putt, which Smails accepts. Danny’s putt reaches the edge of the cup stating that he lost the game. However, at that moment, Carl detonates the explosives in attempt to blast out the gopher. The force of the explosions rocks the course enough to cause Danny’s ball to drop, thereby winning the $80,000 bet for Webb and Czervik. The gopher emerges, unharmed by the explosives, and dances to Kenny Loggins’ “I’m All Right”.