Stewball was a race horse - I wish he were mine He never drank water - he always drank wine His bridles were silver, his mane it was gold And the worth of his saddle has never been told Oh, the fairgrounds were crowded, and Stewball was there But the betting was heavy on the bay and the mare As they were approaching, 'bout halfway around The grey mare, she stumbled and she fell to the ground And way up yonder, ahead of them all Came a prancin' and a dancin' that noble Stewball But I bet on the grey mare, and I bet on bay If I'da bet on old Stewball I'd be a free man today Oh, the hoot owl she hollers and the turtledove moans I'm a poor boy in trouble, I'm a long way from home Stewball was a racehorse - I wish he were mine He never drank water - he always drank wine