Here some details of the song and the video.
"The Gambler" is a song written by Don Schlitz and recorded by American country music artist Kenny Rogers. It was released in November 1978 as the title track from his album The Gambler which won him the Grammy award for best male country vocal performance in 1980. Bobby Bare had recorded the song earlier that same year in his album BARE CBS KC35314 (1978). The song was written by Schlitz who had recorded it previously, and had charted at #65 on the country charts with it. It was one of five consecutive songs by Rogers to hit #1 on the Billboard country music charts. On the pop chart, the song made #16 in early 1979. It's become one of Rogers's most enduring hits and a signature song. As of November 13, 2013, the digital sales of the single currently stands at 798,000 copies. The song was also recorded by Johnny Cash for his 1978 album Gone Girl.
The song itself tells the story of a late-night meeting on a train "bound for nowhere" between the narrator and an unnamed man who is the gambler. The gambler tells the narrator that he can tell he is down on his luck ("out of aces") by the look in his eyes and offers him advice in exchange for his last swallow of whisky. After the gambler takes the drink (and a cigarette), he gives the following advice:
|“||You 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 dealin's done.
At the end of the song we are told that "somewhere in the darkness, the gambler, he broke even", and that the narrator finds "an ace that I could keep", in his final words. Rogers' rendition in an appearance on TV's The Muppet Show indicates the gambler actually dies in his sleep when he "broke even".