The working title of "Take a Chance on Me" was "Billy Boy". The song's origins sprang from Ulvaeus (Swedish songwriter), whose hobby was running. While running, he would sing a "tck-a-ch"-style rhythm to himself over and over again, which then evolved into "take-a-chance" and the eventual lyrics.
The track was famously covered by English synthpop duo Erasure in 1992, as part of their Abba-esque EP, with an additional ragga-style toast performed by MC Kinky added to the song.
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