Definition
Second place.
Origins
The quotation “second place is the first loser” is believed to have been introduced by Enzo Ferrari, popularized by American stock car driver Dale Earnhardt, and repeated frequently by many other drivers since.
See Also
- second best
How People Actually Use It
The first in a group of bros to finally lose their virginity, title comes with extreme bragging rights
"Bro 1: Bro, I coulda been the first loser last night but I blacked out so fast Bro 2: Bro..."
Source: Urban Dictionary