Volcanic eruptions involving interaction with water are amongst the most violent and unpredictable geologic phenomena on Earth. Phreatic eruptions are exceptionally difficult to forecast by traditional geophysical techniques. Here we report on short-term precursory variations in gas emissions related to phreatic blasts at Poás volcano, Costa Rica, as measured with an in situ multiple gas analyzer that was deployed at the edge of the erupting lake. Gas emitted from this hyper-acid crater lake approaches magmatic values of SO₂/CO₂ 1–6 days prior to eruption. The SO₂ flux derived from magmatic degassing through the lake is measureable by differential optical absorption spectrometry (sporadic campaign measurements), which allows us to constrain lake gas output and input for the major gas species during eruptive and non-eruptive periods. We can further calculate power supply to the hydrothermal system using volatile mass balance and thermodynamics, which indicates that the magmatic heat flux into the shallow hydrothermal system increases from ∼27 MW during quiescence to ∼59 MW during periods of phreatic events. These transient pulses of gas and heat from the deeper magmatic system generate both phreatic eruptions and the observed short-term changes in gas composition, because at high gas flux scrubbing of sulfur by the hydrothermal system is both kinetically and thermodynamically inhibited whereas CO₂gas is always essentially inert in hyperacid conditions. Thus, the SO₂/CO₂ of lake emissions approaches magmatic values as gas and power supply to the sub-limnic hydrothermal system increase, vaporizing fluids and priming the hydrothermal system for eruption. Our results suggest that high-frequency real-time gas monitoring could provide useful short-term eruptive precursors at volcanoes prone to phreatic explosions.