My dad always told me the Horseshoe was one of the diviest, most dangerous bars in Austin. I laugh when I think about it now, how I had imagined bikers breaking bottles over each other's heads and knifing people in the parking lot. Every time I walk into the Horseshoe, I see a friend or two (or three), the bartenders know what I'm drinking, and I have the distinct satisfaction of knowing this is My Bar. Places like the Horseshoe Lounge are scarce in this day and age and I am so thankful it hasn't been corrupted like everything else "old" Austin.
Pros: friendly, cheap, original, best darn shuffleboard table in this town