Bad Luck Streak in Dancing School Lyrics

Lyric discussion by ProfessorKnowItAll 

Cover art for Bad Luck Streak in Dancing School lyrics by Warren Zevon

When I first heard it, I thought it was from the perspective of a desperate junkie ("down on my knees in pain" from withdrawal), begging for a second chance ("Swear to God I'll change"), though given the usual dark bent of Warren Zevon songs, he'll probably just take his second chance and screw up again ("I've been breaking all the rules"--it's not an isolated incident or a singular transgression; this behavior is a habit of his.)

Wikipedia says that "dancing school" has long been a euphemism for a brothel, though. So he's been so unlucky that he can't even pay for it, so he's begging his ex to take him back because he can't get laid any other way?