The acceptance by Israel of a ceasefire arrangement on the war front with Hezbollah in Lebanon constitutes a strategic “bet”. Israel will need to take a multifaceted approach to the arrangement that is based on enhancing defensive capabilities while, at the offensive level, committing to proactively preventing Hezbollah's re-entrenchment in southern Lebanon. This strategy, while compelling, is not without its paradoxes, particularly regarding the potential for escalation that could follow Israeli enforcement of the arrangement.