Lyric discussion by andthetruthcomesout 

Cover art for Loser lyrics by Cute Is What We Aim For

I think it has to do with trying to decide whether to believe in God or not. Obviously, he is questioning whether to believe in what he has read and what people tell him, without being personally affected. Another piece of the song says 'The world has this ability To make a life of sin look sweet' which makes me think maybe he's wondering if he should give up living to try to not sin, even though (depending on how strict the religion) giving up some of the pleasures in life, for something that he doesn't know is guaranteed.

The part about a loser can win whenever he wants to, all he has to do is bring you down kind of reminds me of the saying, 'You don't have to outrun the bear, you just have to outrun your friend.' Anyone can win, even losers, all they have to do is make someone else a worse loser, not even better themselves.