----Youbet. Campbell is harness racing's all time
leading money earner who, along with a group of fellow drivers, broke
new corporate sponsor ground last year by featuring Youbet advertising
on his uniform. The upturn was good news for
participating harness tracks as more than nine out of every ten
Youbet-booked wagers came from bettors outside of the tracks' source
markets. The high caliber management team (Gunter Schmid, CEO and Simon
Bold, COO) can resort not only to state of the art bookmaking and operating
know how but also relevant M+A expertise and track record.com
Interactive Entertainment AG (stock quoted on the Viennese stock exchange)
and Fun Technologies Plc (formerly traded as CES-Software Plc, stock quoted
on the Alternative Investment Market in London) and is stock quoted since
October 2004 on the Viennese stock exchange ("BETB", "BETB.com.

wp

jockeys equestrian

com's massive audience through advertising and promotion
programs," Champion said.
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.
Youbet.com

Forward Looking Statements

This press release contains certain forward-looking statements. Youbet.com TotalAccess(TM), an Oregon-based hub for the acceptance and
placement of wagers. In addition betbull is
sponsoring the feature race of the day - The Jenny Cup.betbull.

farthest racehorses

com,
Inc.com, each and
every month..de
("the site"). All prognoses are valid
only on the date of their announcement.

chariot fastest

com is the largest Internet provider of thoroughbred,
quarter horse and harness horse racing content in the United States.com operates
Youbet . Although Youbet believes the
expectations reflected in such forward-looking statements are based
upon reasonable assumptions, it can give no assurance that actual
results will not differ materially from these expectations. Readers are cautioned not to place undue
reliance on forward-looking statements , which speak only as of the
date of this press release.
"What is more, the affiliation helped us to attract additional
interest in the sport and in the online products we offer to support
it .
Statements containing expressions such as "may," "will," "project,"
"might," "expect," "believe ," "anticipate," "intend," "could,"
"would," "estimate," potential," "continue" or "pursue" or the
negative or other variations thereof or comparable terminology used in
Youbet's press releases and in its reports filed with the Securities
and Exchange Commission are intended to identify forward -looking
statements.
betbull was started in 2004 as a joint venture of betandwin.
Exchange betting offers the following advantages over placing bets with a
bookmaker: Better odds, no limits , and betting for or against an outcome.

harness distances

The deal means that
Youbet's diverse content offering -- including live racing video, race
replays, handicapping products, racing tutorials, and games and
contests -- will now be accessible to the millions of sports fans who
visit CBS SportsLine.
"As their exclusive horse racing content provider, Youbet's
products and services will gain tremendous exposure to CBS
SportsLine."
"John has what all good spokespersons have: history and
enthusiasm ," Champion said.de this Sunday 17th April when betbull staff will be available to
show customers in detail how a betting exchange works.
This communication contains statements about the future (prognoses). betbull has no intentions to and is
not obliged to update prognoses or to adapt prognoses to future events or
developments.

chariot unparalleled

"
The agreement calls for Youbet to provide CBS SportsLine.
Statements containing expressions such as "may," "will," "project,"
"might," "expect," "believe," "anticipate ," "intend," "could,"
"would," "estimate," potential," "continue" or "pursue" or the
negative or other variations thereof or comparable terminology used in
Youbet's press releases and in its reports filed with the Securities
and Exchange Commission are intended to identify forward-looking
statements .

The site is the first and only exchange which allows the racing industry
to participate in - and benefit from - a split commission agreement with
betbull.

enjoyed unparalleled

----Youbet. CBS SportsLine.
The company's broad-based program paid off in a 20 percent
increase in Youbet's dollar volume of harness wagers in 2004 and an
influx of new harness racing enthusiasts. This historic move will allow German horse racing to receive a share
of the generated commissions.
Notes to Editors
http: //www.

educated hurtles

"

About Youbet. Youbet. These forward-looking statements, which are included in
accordance with the Safe Harbor provisions of the Private Securities
Litigation Reform Act of 1995, may involve known and unknown risks,
uncertainties and other factors that may cause Youbet's actual results
and performance in future periods to be materially different from any
future results or performance suggested by the forward-looking
statements in this press release.VI").

standardbred illiterate

com in time for this
week's Kentucky Derby, feature live racing audio/video, the
Youbet-Daily Racing Form Triple Crown Watch page and a $100,000
Kentucky Derby Pick 12 contest (www.com is at the leading edge of media companies
providing Internet sports content, Fantasy sports and e-commerce.com, Inc."
"Youbet is helping to increase the exposure of harness racing by
bringing the racing product to new fans," Campbell said. These forward-looking statements, which are included in
accordance with the Safe Harbor provisions of the Private Securities
Litigation Reform Act of 1995, may involve known and unknown risks,
uncertainties and other factors that may cause Youbet's actual results
and performance in future periods to be materially different from any
future results or performance suggested by the forward-looking
statements in this press release.

racehorses wp

com TotalAccess(TM), an Oregon-based hub for the acceptance and
placement of wagers.com operates
Youbet.

Known officially as 'The Sport of Kings', this exciting horse sport spans venues from turf to dirt tracks to hurtles, and a variety of distances ranging from short , explosive quarter mile tracks to races covering miles at a stretch.

This category is devoted to all sites promoting, sponsoring, or providing information on flat, harness, or steeplechase horse racing.

jockeys overseeing

Business Editors/Entertainment Editors/Horse Racing
Writers/Internet Writers

WOODLAND HILLS, Calif.com,
a leading Internet sports media organization.
In making the announcement, Youbet CEO Charles F.sportsline.com is the largest Internet provider of thoroughbred,
quarter horse and harness horse racing content in the United States.com

Forward Looking Statements

This press release contains certain forward-looking statements.
Exchange betting enables person to person betting over the Internet.

refinement hurtles

The exposure afforded by our agreement with this
highly regarded Internet sports company is another key step to
engaging them in our sport .com with
program content in three phases over the next six months.com
Other newly created programs will go live before the 2005 Breeders
Cup World Thoroughbred Championships at New York's Belmont Park in
October.

com's exclusive closed-loop network. "When John agreed to display our colors, it definitely
strengthened our position among fans and track operators," he said. Youbet does not undertake, and
specifically disclaims any obligation, to publicly release the result
of any revisions that may be made to any forward-looking statements to
reflect the occurrence of anticipated or unanticipated events or
circumstances after the date of such statements.
("betbull" or "the Company") announces that it has successfully launched its
live person-to-person horse racing only betting exchange site http://www.de - and because the participants are matching bets with each
other, there are no bookmakers margins incorporated - the odds therefore will
significantly higher then with the Tote.
As long as bets are not matched, you can always change your odds or the
amount of your bet - giving the punter greater flexibility and control.
Those statements are based on the Directors's opinion, assumptions made by
the Directors , and information available to the Directors.

The result was the promotion of an unparallel level of refinement in the selection of various racing bloodlines that are closely controlled by governing bodies overseeing the now multi-billion dollar racing/breeding industry.

illiterate chariot

"Based on our own success in
growing the 21 to 40 year old demographic, we know that many of them
are online -- in fact, many of them are at CBS SportsLine. More information on Youbet can be found at
www. In
addition to its flagship service, the company publishes the official
Web sites of the NFL, PGA TOUR and NCAA Sports. From time
to time, these risks, uncertainties and other factors are discussed in
the Company's filings with the Securities and Exchange Commission.
Such factors include, without limitation, the following: the timely
development and market acceptance of new products and technologies;
our ability to secure financing on terms acceptable to us; our ability
to control operating expenses; increased competition in the advance
deposit wagering business; a decline in the public acceptance of
wagering; wagering ceasing to be approved in jurisdictions where
Youbet currently operates; the limitation , conditioning or suspension
of any of Youbet's licenses; increases in or new taxes imposed on
wagering revenues; loss or retirement of key executives; and a decline
in the general economy.

Business Editors

WOODLAND HILLS, Calif.
Youbet made a concerted effort to build its harness racing
business in 2004."
"When used in connection with a well-conceived marketing effort,
our Standardbred Stars program is effective at delivering value to
sponsors," observed Charles Geffen of Branding Rights, LLC, Campbell's
agent.
Youbet. Readers are cautioned not to place undue
reliance on forward-looking statements, which speak only as of the
date of this press release.

LONDON, The European Betting Exchange Plc. One or several
factors that the Directors cannot foresee with certainty could result in
outcomes and events that deviate from the prognoses.

explosive hurtles

Youbet.com

About CBS SportsLine.com

CBS SportsLine.
The site is a ground-breaking co-operative between racing associations
and bookmakers - and represents betbull's successful first step in delivering
on its stated b2b strategy.
Other advantages of betting-exchanges include the fact that punters have
significantly more options and flexibility in their bets.
About betbull
betbull 's vision is to become the "bookmaker's and racing associations
exchange". Midterm a major fraction of the
single- and live bets will be traded, cleared, and settled through betbull's
exchange.

betbullplc.

equestrian steeplechasing

Youbet Inks Agreement to Become CBS SportsLine.com's Exclusive Horse Racing Content Provider; Leading Sports Website Will Expose Youbet to Millions of Sport Fa

"As important, the sport is likely to garner
greater levels of interest as even more young, tech-savvy sports
enthusiasts catch on .com.viacom.

Campbell Youbet Renew Harness Endorsement Deal for 2005; Legendary Driver Helps Spur Bettor Interest

"The success of the Youbet initiative supports the point. Although Youbet believes the
expectations reflected in such forward-looking statements are based
upon reasonable assumptions , it can give no assurance that actual
results will not differ materially from these expectations .betbull. Bettors would enter the exchange through existing accounts via a
fully integrated exchange betting offering.

steeplechase explosive

(Nasdaq:UBET) announced today that it has signed an agreement to
be the exclusive horse racing content provider for CBS SportsLine.com's flagship site, cbs.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.

Since the dawn of time , when humanity first scrambled upon the horse, racing has been a sport enjoyed by both rich and poor , educated and illiterate, young and old.

distances chuckwagon

Champion said
that the arrangement is in keeping with Youbet 's strategy to cultivate
a broader fan base for the sport of horse racing that will yield
long -term benefits for tracks, horsemen and the entire industry. The first
installments, which will be on cbs.derbypick12. The company aggressively sought and won the right to
carry live broadcasts of races from the vast majority of harness
tracks that participate in the sport's Grand Circuit and then used
Campbell's name recognition as part of an intense marketing campaign
to help introduce bettors to standardbred racing and give the sport a
try. Youbet. From time
to time, these risks , uncertainties and other factors are discussed in
the Company's filings with the Securities and Exchange Commission.
For further details please refer to the company website
http://www.

jockeys chariot

. and selling them what this great sport
has to offer. More
information about Viacom and its businesses is available at
www."
Terms of the contract, which extends through the end of 2005, were
not released.
Race-goers at Munich-Riem will have a chance to register and bet with
http://www.
The benefits to customers are clear - and initial levels of registrations
have been very encouraging.
Experienced bettors can make money by trading - and so can lock in a
profit even before the race has started .

trot fastest

sportsline.
According to Youbet CEO Chuck Champion, Campbell's exclusive
endorsement helped elevate the company's standing in the harness
industry.
Youbet.de is a betting exchange and offers its customers a wide
range of advantages:
Customers can now bet, person-to-person, against each other by using
http://www.

chuckwagon racehorses

com --
surfing for fast-paced, interactive and entertaining ways to get
involved with sports.com is
a member of the Viacom family and a division of CBS Sports. "We feel privileged to have him on the
Youbet team and we are proud to have his voice behind our effort to
build interest in harness racing around the country.
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.

betbull to Officially Present the German Betting Exchange www.betbull.de at Munich Race Course on 17th April

Most races are available "in play" - which means: bets can be placed
'live' until the last second of the race. Furthermore, there are no limits on
betting and winners are welcome to bet on race after race. +350-52561
Fax +350-44554
betbull - The European Betting Exchange Plc ("betbull")
One London Wall
London EC2Y 5EB

educated standardbred

com and for the latest sports news,
scores and expert analysis, please visit cbs."
"People who wouldn't normally have a chance to experience
standardbred racing saw it live on our website and bet on it in real
time," Champion said.com's exclusive closed-loop network.

spans enjoyed

For more
information about CBS SportsLine .com is an official online wagering platform of Churchill
Downs Incorporated and the Kentucky Derby . More information on Youbet can be found at
www.
Such factors include, without limitation, the following: the timely
development and market acceptance of new products and technologies;
our ability to secure financing on terms acceptable to us; our ability
to control operating expenses; increased competition in the advance
deposit wagering business; a decline in the public acceptance of
wagering; wagering ceasing to be approved in jurisdictions where
Youbet currently operates; the limitation, conditioning or suspension
of any of Youbet's licenses; increases in or new taxes imposed on
wagering revenues; loss or retirement of key executives; and a decline
in the general economy. The Company had previously announced its
existing, exclusive partnerships with the racing associations of Munich and
Baden Baden and expects other racing associations and bookmakers to join the
co-operative in the coming weeks and months.betbull.

explosive jockeys

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. (NASDAQ:UBET) said today that it has renewed
its landmark endorsement contract with harness driver John Campbell
for the 2005 racing season.
The existing partnerships provide betbull with the exclusive rights to
promote its live betting exchange at the race tracks themselves - and on
Sunday 17th April there will be the first such presentation at Munich race
course.

Specialized breeds were developed over the centuries to produce racehorses that could either run the farthest (the Arabian), the fastest (the Thoroughbred ), the quickest (the American Quarter Horse), or out-trot anything on four legs (the Standardbred).

enjoyed steeplechase

"Our industry needs to find a younger generation of fans by
reaching out to them," Champion said.

sportsline.com is an official online wagering platform of Churchill
Downs Incorporated and the Kentucky Derby. Youbet does not undertake, and
specifically disclaims any obligation, to publicly release the result
of any revisions that may be made to any forward-looking statements to
reflect the occurrence of anticipated or unanticipated events or
circumstances after the date of such statements . "They are
making wagering more convenient and more accessible.Youbet.

Contact:
Alex Mackey, Catullus Consulting (+44-7773-787-458)
Catriona MacNiven, Investor Relations
Gunter Schmid, CEO (upon request)
Simon Bold, COO (upon request)
Tel.

enjoyed illiterate

com

Youbet . "And once our customers got a taste of the
excitement, they came back for more.betbull.

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