On a warm summer's evenin' 
 On a train bound for nowhere 
 I met up with a gambler 
 We were both too tired to sleep 
 So we took turns a-starin' 
 Out the window at the darkness 
 'Til boredom overtook us 
 And he began to speak 
    He said: Son, I've made a life 
 Out of readin' people's faces 
 Knowin' what the cards were 
 By the way they held their eyes 
 So if you don't mind my sayin' 
 I can see you're out of aces 
 For a taste of your whiskey 
 I'll give you some advice   
 So I handed him my bottle 
 And he drank down my last swallow 
 Then he bummed a cigarette 
 And asked me for a light 
 And the night got deathly quiet 
 And his face lost all expression 
 Said: If you're gonna play the game, boy 
 You gotta learn to play it right   
 You've got to know when to hold 'em 
 Know when to fold 'em 
 Know when to walk away 
 Know when to run 
 You never count your money 
 When you're sittin' at the table 
 There'll be time enough for countin' 
 When the dealing's done   
 Every gambler knows 
 The secret to surviving 
 Is knowing what to throw away 
 Knowing what to keep 
 'Cause every hand's a winner 
 And every hand's a loser 
 And the best that you can hope for 
 Is to die in your sleep   
 And when he finished speakin' 
 He turned back toward the window 
 Crushed out his cigarette 
 And faded off to sleep 
 And somewhere in the darkness 
 The gambler he broke even 
 And in his final words, I found 
 An ace that I could keep   
 You've got to know when to hold 'em 
 Know when to fold 'em 
 Know when to walk away 
 Know when to run 
 You never count your money 
 When you're sittin' at the table 
 There'll be time enough for countin' 
 When the dealing's done   
 You've got to know when to hold 'em (when to hold 'em) 
 Know when to fold 'em (when to fold 'em) 
 Know when to walk away 
 Know when to run 
 You never count your money 
 When you're sittin' at the table 
 There'll be time enough for countin' 
 When the dealing's done   
 You've got to know when to hold 'em 
 Know when to fold 'em 
 Know when to walk away 
 Know when to run 
 You never count your money 
 When you're sittin' at the table 
 There'll be time enough for countin' 
 When the dealing's done