[Verse 1]
Well, Ol' Billy Joe
He's a guy I know
Had a lover's spat, he was in the cold
With no place to go
So I took him in
'Cause he was my friend
I come home, and then found you gone again
Now, I'm stuck with him

[Chorus]
Whoa, oh, yes, it's true
Well, I guess it's true
Don't know what to do
I'm a loser, too
Oh, yes, it's true
Well, I guess it's true
I confess it's true
I'm a loser, too

[Verse 2]
Well, a guy named Bob
Done got some brand new job
But he had bad luck, and his car was struck
I say, "Take my truck"
But he stopped for gas
Lord knows, goes much too fast
And it really blew, hit a thing or two
Now, I'm being sued
[Chorus]
Whoa, whoa, oh, yеs, it's true
Don't you guess it's true?
Confеss it's true
I'm a loser, too
Ev'rybody now, yes, it's true
Whoa, oh, oh, yes, it's true
Don't you know it's true?
I'm a loser

[Instrumental Break]
You're hopeless!

[Verse 3]
Now, Ol' Dirty Dan
He's my gamblin' man
Had a real sure shot, I was really hot
So I bet a lot
Well, our horse come in
Whoa, I was glad to win
But Ol' Dan went west with the money vest
Y'all know the rest

[Chorus]
Ev'rybody, now, yes, it's true
Oh, I guess it's true
Don't you guess it's true
I'm a loser, too
Whoa, yes, it's true
Don't know what to do
Lord, I'm in some blue
'Cause I'm a loser, too
[Outro]
Ev'rybody, now, yes, it's true
Whoa, whoa, oh, yes, it's true
Confess it's true
I'm a loser, too
Y'all know now, yes, it's true