Does One Really Wager Everything

Recently a blog posted their version of “Pascal's D--n Wager: Sidestepping Reason and Rational Thinking”.

They present the following:

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To summarize, Pascal wager states two major suppositions:

1. If you believe in God:
i. If God exists, you go to heaven: your gain is infinite.
ii. If God does not exist, you gain nothing & lose nothing.

2. If you do not believe in God:
i. If God exists, you go to hell, your loss is infinite.
ii. If God does not exist, you gain nothing & lose nothing.

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They also posted this:

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The mathematical calculations are as follows:

	God exists (G)	God does not exist (~G)
Living as if God exists (B)	+∞ (heaven)	−N (none)
Living as if God does not exist (~B)	−∞ (hell)	−N (none)

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The problem I found was with their assumptions. They have hence *amended their original post, in stating: “Mathematically speaking, using the parameters as set by Pascal, Pascal's Wager (based on playing on the safe side of belief) is a bet based pretty much on common sense and a great dose of pragmatism: Regardless whether God exists or not, you do not stand to lose everything.”

The original did not contain, “Mathematically speaking, using the parameters as set by Pascal.” Nevertheless, the idea of “Regardless whether God exists or not, you do not stand to lose everything” does not follow the reasoning behind, “Pascal wager states two major suppositions” presented by the blog author.

As posted at their blog, I present why I believe the statement, “Regardless whether God exists or not, you do not stand to lose everything” is without warrant, and against reason and logic concerning the presentation of Pascal’s Wager in their writing.

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Based on Pascal's Wager, in fact, as you present it, you do have the "chance" that "your loss is infinite".
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1. If you believe in God:
i. If God exists, you go to heaven: your gain is infinite.
ii. If God does not exist, you gain nothing & lose nothing.

You don't believe in (1), so you don't get (i) and (ii) wouldn't matter. You are betting on (ii), hoping (i) isn't true. 1/1 50% wager, whereas a Christian is 100% either getting heaven or getting nothing.

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2. If You do not believe in God:
i. If God exists, you go to hell, your loss is infinite.
ii. If God does not exist, you gain nothing & lose nothing.

You do believe in (2), you definitely do not want (i), and (ii) wouldn't matter. You are betting on (ii), hoping (i) isn't true. 1/1 50% wager, whereas as a Christians gets 100% escaping hell or getting nothing.

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Basically you are wagering an eternity of hell ("your loss is infinite") on whether God exist or not, when you say, "You do not believe in God". So, in fact, "you [do] stand to lose everything".

* Originally wrote "corrected".