Pascal proposed that there are one of two truths in the universe, and one of two ways to live in relation to those truths.

The Truths: Either God exists, or God doesn’t exist.

The ways to live: You can live as if God exists, or you can live as if God doesn’t exist.

Combining these we have the following conclusions:

1. If God doesn’t exist, and you live as though He doesn’t exist, you have no losses (Actually, living life as if God does not exist, and so lacking moral absolutes, causes huge loss).
2. If God doesn’t exist, and you live as though He does, you have no losses but gain the advantages of a better life.
3. If God does exist, and you live as though He doesn’t, you lose big time.
4. If God does exist, and you live as though He does, you have no losses and gain everything.

From: Russell Steyne, Creation Magazine 30 (1) December 2007-February 2008