Lyric discussion by MusicGuru 

this song is about how elliot smith decided not to sell out and not to make music in los angeles where he would be sold. And he talks about the people scoutting him...

someone's always coming around here trailing some new kill says i seen your picture on a hundred dollar bill and what's a game of chance to you, to him is one of real skill

that line explains how they only saw him as money to be made.

Right. There may be more interpretations of this song, but none of them are about drugs.

that's how i was interpreting it too, so i'm glad to here someone else saw it this way.

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