On this blog I have seen many authors in their posts and readers in the comments section spell lose as loose. When I visit other blogs I notice the same thing. Even people who write in near perfect English spell lose as loose. The only time when loose is used is while referring to the opposite of tight. Otherwise, it’s always lose. Lose your keys, lose a game, lose wealth, lose time, lose business etc. The past tense is lost. No one says loost while referring to the past so why say loose while referring to the present.
Now, don’t lose your head while reading this. Just spell it as lose.