Youbet.Com to Report Fiscal 2005 Third Quarter Results on November 3 and Host Conference Call...

WOODLAND HILLS, Calif. -- Youbet.com, Inc. (NASDAQ:UBET), announced today that it will release its fiscal 2005 third quarter financial results after the market closes on Thursday, November 3 and will host a conference call and webcast at 5:00 p.m. EST on Thursday, November 3. Both the call and

The conference call number is 706/679-4652. Please call five minutes in advance to ensure that you are connected prior to the presentation. Interested parties may also access the live call on the Internet at http://www.youbet.com (select About Youbet.com). Please log-on fifteen minutes in advance to ensure that you are connected prior to the call's initiation. Questions and answers will be reserved for call-in analysts and investors. Following its completion, a replay of the call can be accessed for thirty days on the Internet at the above link.

Youbet.com is the largest Internet provider of thoroughbred, quarter horse and harness racing content in the United States as measured by handle data published by the Oregon Racing Commission. Members can watch and, in most states, wager on the widest variety of horse racing content available via Youbet.com's website. Members enjoy features that include commingled track pools, live audio/video, up-to-the-minute track information, real-time wagering information, phone wagering, race replays, simultaneous multi-race viewing and value-added handicapping products. The Company's Players Trust(SM) revolutionized advanced deposit wagering by placing player deposits in the custody of a major U.S. financial institution.

Youbet.com is an official online wagering platform of Churchill Downs Incorporated and the Kentucky Derby. Founded in 1997, Youbet now is the horse race video source for ESPN.com's patented ESPN Motion. The company also is the exclusive provider of horse racing content for CBS SportsLine.com. For more information about Youbet.com, visit http://www.youbet.com.