Youbet.Com Schedules Second Quarter 2004 Earnings Web Cast and Conference Call

Youbet.com, Inc. (NASDAQ:UBET), a leading online wagering company and the largest Internet provider of horse racing content in the United States, will release second quarter 2004 financial results prior to market opening on Tuesday, August 3. The Company will then discuss the results in a conference call on Tuesday, August 3 at 5:00pm EDT, (2:00pm PDT).

Audio access to the conference call will be will available through a live Web cast over the Internet at www.youbet.com. To listen to the live conference call, click on the "About Youbet.com" page of the website prior to the call for registration instructions. The live Web cast of this conference call will be available for replay through August 3, 2005 by accessing the same link.

A telephonic replay of the broadcast will be available through August 10, 2004 by dialing 888-286-8010. Enter the pass code: 26609931. For international callers, the access number is: 617-801-6888.