The song is set in a carnival midway, a metaphor for their strange environment in and around Los Angeles. She compares him to a devil wearing wings, asking if he puts them on just to sing. When she accuses him of cheating, she's very clear:You were betting on some lover, you were shaking up the dice
And I thought I saw you cheating once or twice, once or twice
Mitchell used the carnival metaphor again in her 1970 song "The Circle Game
," where she evokes the painted ponies of a carousel.