There's a honky tonk in this town that they call the Loser's Lounge And I guess I'm a charted member you could say Since love has turned me down nothing to do but hang around And listen the all fools who congregate Life is full of heartbreak for a poor boy Cause a bankroll can turn his woman's head around No use to try to run away or to move to another town Cause anywhere a poor boy goes there’s a Loser's Lounge I had a real good friend named Sam said he just couldn't understand Why in the world his sweet love turned him down But a rich man caught her eye he had the money for things to buy Now there's a brand new member down at the Loser's Lounge