There is an undoubted connection between Master Morality and Paganism; Nietzsche himself affirms the value of the Homeric and Eddaic.
The basic dichotomy is between monotheism-typical of slave moral/Semitic culture,and polytheism-typical of Master moral/Aryan culture.

Nietzsche describes Monotheism thus;
"It is the rigid consequence of the doctrine of a single normal human type;the belief in a single,normal god in relation to whom there could only be pseudo-gods-it is perhaps the greatest danger that humanity has ever been faced with.It threatens us with the kind of involution that,as far as we can see,most other species have already reached-for all of them believe in one normal,ideal type for their species,and they have definitively imprinted the morality of mores deep into their flesh and blood.
"WITH POLYTHEISM,THE PLURALISM OF THE FREE SPIRIT OF MAN REACHES ITS FIRST STAGE-THE POWER TO CREATE FOR OURSELVES OUR OWN NEW PERSPECTIVES-AND NEW PERSPECTIVES THAT ARE,MORE AND MORE,OUR OWN."Man,alone among the animals,has no eternal horizons and perspectives".[Nietzsche,'JW']

This is a very important passage;today we are ever challenged by mono-ideologies,including political correctness as well as the old religions of one god.

Pagan religion would have to include;

1)Polytheism [here there are not only a variety of gods and goddesses,but also humanoid creatures,like dwarves etc.,which may be a throw back to the various species of hominids who once lived alongside one another in the inter-glacial periods].

2)Nature Religion.This includes the rejection by pagans of a creation ex nihilo,out of nothing;men and gods and wights are all part of eternal nature.Nature is revered;But here we should note Nietzsche's advice;nothing is more fearful and yes,IMMORAL,than nature.There is no room here for liberal posturing on the 'kindness' of mother nature. There is also no 'end' to life;it flows on endlessly.This is Heraean,and therefore Nietzschean.

3)Organic Origins;Paganism is rarely the work of the teachings of a founder,or a prophet;Paganism is not of the book;therefore it has no fixed dogma or ritual.In this alone it is Nietzschean,just as the dogmatic religions are not.

4)Ethnic religion;Paganism is based so much on the importance of 'blood'.Again,there is much in Nietzsche on this.This is all very inconvenient for liberals,who,like their Christian forebears,would like to outlaw such feelings.

5)Sacrifices;Nietzsche espouses the need to exercise cruelty;to be able to do so without flinching.Again,this is anathema to modernity.

Going back to the passage quoted from before,he speaks more on polytheism;"The invention of all kinds of gods,heroes,and supermen;as well as nearmen,halfmen,dwarfs,fairies,centaurs,satyrs,demons,and devils,was the preliminary act enabling the justification of Egoism and individual sovereignty".[Nietzsche,ib.]

This all goes to prove my contention that the superman is not an ideal for the future,but an actuality,here and now,just as it was for the pagans.

The Nietzschean doctrines of will to power,the eternal return,amor fati,and of course the superman,are all out of Aryan religiosity;"Better to have no God,better to set up destiny on one's own account,better to be a fool,better to be a god oneself!".[Nietzsche,TSZ LXVI ]

To the Monotheists,paganism is tantamount to non-religion,secularism.The slaves do not UNDERSTAND our spirituality.That is why they don't understand Nietzsche.There are very few real Nietzscheans today,just as there are few pagans.Most of those who call themselves such are disguised Christians.