Lose the loose

So, I noticed that many of us confuse 'loose' with 'lose'.

Facebook status updates: "I hope my team doesn't loose the match today."
                           "Loosing you is the worst thing that has happened to me."
                            "I really need to loose weight."
Title of a formal essay:  "Loosing you: A Million Years without You"

To address this confusion, I'll just say that when the word has one 'o', it's the opposite of 'win' or it means 'to misplace something'.
When it has two 'o's, however, it is an adjective and is the opposite of 'tight' (e.g My blouse is loose.) The verb form of this word is "loosen".

Furthermore, lose and loose are not homophones. The 's' in the first word is pronounced like a 'z' ( looz) whereas the 's in the latter is pronounced as 's' (louss)

http://ezinearticles.com/?Simple-Grammar-Errors:-Your-Youre,-Lose-Loose,-Its-Its&id=5354210

"loose / lose

To lose something is to misplace it, in other words to fail to possess it at this time. It can also refer to "losing," as in the opposite of winning. You lose a book, you lose a soccer match, and you lose [respect for someone]. In contrast, to loose is the opposite of to tighten. Furthermore, you do not "loose" something but you "loosen" it. You loosen a bolt, not loose it, you loosen your morals, not loose them, and you loosen up, not loose up. When someone writes that they hate it when they "loose" something, they are wrong in two ways."

And so the status updates should have been: 

"I hope my team doesn't lose the match today."

"Losing you is the worst thing that has happened to me."
                  and
"I really need to lose weight."

And the essay title should have been: "Losing You: A Million Years Without You"

And they would all have been #gbagaun-free. :-)