"
Licht 's legal practice, which spans more than two decades, focuses
on horse racing as well as business transactions and corporate law. He also has
served as a Director of two Nasdaq listed public companies (Medco
Containment Services and Synetic).

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com.
Licht, former chairman of the California Horse Racing Board (CHRB) and
a prominent horse racing legal expert, has agreed to become a member
of the company 's independent wagering compliance committee.

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"Roger is a horseman with extensive regulatory and legal
experience who also has a comprehensive understanding of ADW and
publicly held companies," said Youbet CEO Charles F. Champion in
making the announcement.
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.

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For more information, please visit the company's website at
http://www.

Roger Licht Named to Youbet's Independent Wagering Compliance Committee; Thoroughbred Owner Breeder and Former CHRB Chairman Helped Expedite ADW in California

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.

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"These
procedures require the tying of extracorporeal sliding knots or the
manipulation of remotely actuated knot tying instruments. "We are very fortunate to have a man of
Roger's stature on our committee and we are looking forward to
learning from his unique insights on the sport and the business.com is the largest Internet provider of thoroughbred,
quarter horse and harness horse racing content in the United States. 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 .

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Licht, an active
owner, breeder, fan and student of thoroughbred race horses, also
served on CHRB's Simulcasting Committee. "I am excited about serving on their
independent committee.

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com, Inc .
Youbet.

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The ZipKnot(TM),
which is easily deployed with a standard knot pusher, provides a rapid method
for fastening suture that is repeatable, stronger and more durable than
hand-tied knots .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 .

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The
company provides comprehensive product development services and innovative
technology solutions to the medical device industry.----April 18,
2005--Youbet.

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Readers are cautioned not to place undue
reliance on forward-looking statements, which speak only as of the
date of this press release.

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subtitle knots

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LOGAN, Utah, MedicineLodge, Inc. More information on Youbet can be found at
www.

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MedicineLodge Receives FDA 510(k) Clearance for ZipKnot(TM) Suture Fastener

The company is currently seeking medical device
companies interested in marketing and distributing the ZipKnot(TM).medicine-lodge .Youbet.

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"
The ZipKnot(TM) is currently under development for a broad spectrum of
surgical procedures .
"As important, I am delighted to be associated with a company that
believes in our sport and that is working so smartly to popularize it
among a new generation of fans," he said.

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The ZipKnot (TM) is used in place of
surgically tied knots, saving operating room time and providing a stronger ,
more reliable fastening of surgical suture.

"Youbet has a very progressive and transparent approach to
compliance," Licht said.

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About MedicineLodge:
MedicineLodge, Inc.

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, a medical device
technology development company, has received FDA 510(k) clearance for its
ZipKnot (TM) suture fastener, a device for use in approximation and/or ligation
of soft tissues using surgical suture., founded in 2000, partners with physicians and
corporations to develop medical devices that improve patient outcomes.com is an official online wagering platform of Churchill
Downs Incorporated and the Kentucky Derby.

This category includes resources for tying and using knots.

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com's exclusive closed -loop network.
Youbet.
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.

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He
represents racing owners, breeders, trainers and jockeys . Youbet.com

Forward Looking Statements

This press release contains certain forward-looking statements.

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"The increasing number of less invasive procedures, particularly
endoscopic and laprascopic procedures, requires more demanding suture knot
tying skills," noted Wade Fallin, President and CEO of MedicineLodge.

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Members have the ability to watch and, in most states, the ability to
wager on the vast majority of all major domestic horse racing content
via Youbet. From time
to time , these risks, uncertainties and other factors are discussed in
the Company's filings with the Securities and Exchange Commission.

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Business Editors/Gambling Writers/Internet Writers

WOODLAND HILLS , Calif. (Nasdaq:UBET) announced today that Roger H.
Licht, who served on the CHRB for three years and was Chairman in
2003, is credited with expediting the initiation of advanced deposit
wagering (ADW) in California, a move that has since helped to boost
fan interest in the state's horse racing products. Youbet.com operates
Youbet.com TotalAccess(TM), an Oregon-based hub for the acceptance and
placement of wagers.

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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.