Youbet.Com Inc. to Report Fiscal 2004 Third Quarter Results on November 3 and Host Conference...

WOODLAND HILLS, Calif. -- Youbet.com, Inc. (NASDAQ:UBET) announced today that it will release its fiscal 2004 third quarter financial results at 4:00 p.m. EST on Wednesday, November 3 and will host a conference call and webcast at 5:00 p.m. EST on Wednesday, November 3. Both the call and webcast

The conference call numbers are 212/231-6006 or 415/537-1988. Please call five minutes in advance to ensure that you are connected prior to the presentation. Questions and answers will be reserved for call-in analysts and investors. 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. 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 horse racing content in the United States. Members have the ability to watch and, in most states, the ability to wager on vast majority of all major domestic horse racing content via Youbet.com's exclusive closed-loop network. Youbet.com members enjoy features that include commingled track pools, live audio/video, up-to-the-minute track information, real-time wagering information, phone wagering and value-added handicapping products.

Youbet.com is an official online wagering platform of Churchill Downs Incorporated and the Kentucky Derby. Youbet.com operates Youbet.com TotalAccess(TM), an Oregon-based hub for the acceptance and placement of wagers. More information on Youbet can be found at www.Youbet.com.