The winners tell jokes and the losers say deal
Lady Luck rides a stallion tonight
And she smiles at the winners and she laughs at the losers
And the losers say now that just ain't right

But they keep right on playing and paying and praying
That someday their luck just might change
And if you're surveying the table and you're looking for the sucker
Oh by the way sir, what is your name

Lady Luck rides a stallion tonight
Lady Luck rides a stallion tonight
She smiles on the winners and laughs at the losers
Lady Luck rides a stallion tonight

I'll bet you a hundred if you've still got a hundred
One more wager, winner take all
'Cause sweet Lady Luck likes me a lot more than you
And I'm bettin' she'll come when I call

Lady Luck rides a stallion tonight
Lady Luck rides a stallion tonight
She smiles on the winners and laughs at the losers
Lady Luck rides a stallion tonight

When the loser has no more to bet
And the winner's won all he can get
Lady Luck will go riding off in the moonlight
Lady Luck rides a stallion tonight
Lady Luck rides a stallion tonight