Raoul:
Miss Giry, I'm not afraid of him.
I've bested him before and if he ever had the courage
To meet me face to face, man to
Man...
No, no it can't be.

Phantom:
Not afraid of me, you say?

Raoul:
Stay back or I'll kill you, I promise you!

Phantom:
Of course. As you say, you've beaten me before,
But that was a long time ago, Vicomte. And we were playing a different
Game.

Look at you, deep in debt
Stinking drunk - pitiful
Shall we two make a bet?
Devil take he hindmost

Raoul:
Look at you, foul as sin
Hideous - horrible
Call the stakes, deal me in
Devil take the hindmost

Phantom:
Our Christine shall choose tonight

Raoul:
Let her choose

Phantom:
Is she yours or mine?

Raoul:
Draw the line

Phantom:
If she sings you lose tonight

Raoul:
I won't lose

Phantom:
You leave from here

Raoul:
Fine!

Phantom:
Disappear

Raoul:
Fine! And if she won't, if I win

Phantom:
All your debts wiped away

Raoul:
Very well, let's begin

Both:
Devil take the hindmost

(simultaneously)

Raoul:
You think you have the odds
You think you're in control
You think you've fixed the dice
Well I will gladly roll
I'll bet against the house
I'll even double down

Phantom:
Our game, it's been changed
Every throw risking her
All the rules rearranged
Fate has redesigned those

Raoul:
Fortune's on my side
I won her long ago, I won her from you then
I beat you even now, I'll win her back again

Phantom:
Cut the deck, let us play
Roll your die once again

Raoul:
And when the game is done!

Phantom:
Either way!

Both:
Devil take the hindmost
Now Christine shall choose at last
Is she yours or mine?

Raoul:
We've a son - our bond's secure

Phantom:
Are you sure?

Raoul:
What?

Phantom:
Are you so sure?

Raoul:
What do you mean?

Phantom:
Such a child, strange to see
Different, musical

Raoul:
Huh?

Phantom:
Is he more you or me?
Which one do you find most?

Raoul:
You lie.

(simultaneously)

Phantom:
Deal the cards, let them fall
Choose your hand, try your best
He who wins, wins it all

Raoul:
I call your bluff - the game is on
And we will see who wins
He who runs it out wins it all

Both:
Devil take he hindmost

Phantom:
Deal the cards, let them fall
Choose your hand, try your best
He who wins wins it all

Raoul:
I call your bluff - the game is on
And we will see who wins out
He who runs it out wins it all

Both:
Devil take the hindmost!

Phantom:
She walks, you leave together
Pockets full
Debts paid.
She sings - you leave alone.
Devil take the hindmost.

Raoul:
Oh, God. What have I done? Look at me - the concert's only hours away.