The reason I believe Pascal's wager is flawed is that it is a false dichotomy. It looks at only one high utility impact, low probability scenario, while excluding others that cancel out its effect on expected utility.
Is there anyone who disagrees with this reason, but still believes it is flawed for a different reason?
This is an argument for why the argument doesn't work for theism, it doesn't mean the argument itself is flawed. If you would be willing to multiply the utility of each belief times the probability of each belief and proceed in choosing your belief in this way, then that is an acceptance of the general form of the argument.
It has been claimed on this site that the fundamental question of rationality is "What do you believe, and why do you believe it?".
A good question it is, but I claim there is another of equal importance. I ask you, Less Wrong...
What are you doing?
And why are you doing it?