I think it's from people reporting sports statistics for a player or team as "W:5 L:7" meaning "five wins and seven losses". https://knowyourmeme.com/memes/l-a

I think it's from people reporting sports statistics for a player or team as "W:5 L:7" meaning "five wins and seven losses". https://knowyourmeme.com/memes/l-and-w-slang https://knowyourmeme.com/memes/l-and-w-slang