No, they are tied in with Churchill Downs, the Kentucky Derby and all the major horse tracks directly.
They provide the ability to watch the races over the Net live on a private closed loop network.
Here's more info:
Youbet.com, Inc. is a global brand name for online live event sports entertainment and wagering. The Company has initially focused on the United States horse wagering market and its principal product, the You Bet Network, a PC-based system that allows a customer to transmit information and thereby process wagers. The Company provides its United States network members the ability to watch, access a comprehensive database of handicapping information and, in most states, the ability to wager on a wide selection of coast-to-coast thoroughbred, quarter horse and harness horse racing, via its exclusive virtual private network. The You Bet Network is completely interactive and provides a real-time interactive audio video environment.
How much does the service cost?
Youbet.comŽ charges no fees on wagers placed through the Youbet Network. Watch and wager on over 80 tracks and enjoy all of Youbet.com's great product features, including live streaming audio/video, up-to-the minute odds, complete race programs, great handicapping tools, and two wagering methods - online or by phone. Racing information products from DRF (Daily Racing Form), Trackmaster, and Equibase are also available at competitive prices.
Are there any age restrictions?
Yes. Only legal U.S. residents, 21 years of age or older may open an account with Youbet.comŽ.
In which states can I subscribe to the Youbet.comŽ service?
Youbet.comŽ is open only to legal U.S. residents. Youbet.comŽ does not accept accounts from residents of the following states: Nevada, Utah, Puerto Rico and the U.S. Virgin Islands. Residents of Alaska, Colorado, Georgia, Hawaii, Missouri, Mississippi, New Jersey, North Carolina, Oklahoma, and South Carolina may sign up for the service and access all product features (except wagering).
Who are your strategic partners?
Youbet.comŽ is a patent and content licensee and maintains a strategic relationship with TVG, an indirect subsidiary of Gemstar-TV Guide International, Inc. (Nasdaq NMS: GMST) and also maintains a strategic relationship with MEC Pennsylvania Racing, part of Magna Entertainment Corp. (Nasdaq NMS: MIEC). Youbet.com is an official online wagering platform of Churchill Downs Incorporated and the Kentucky Derby. Among others, Youbet.com maintains strategic relationships with the California Authority of Racing Fairs, Daily Racing Form, Maryland Jockey Club and Winnercomm (interactive developer of ESPN.com horseracing content). Additionally, Youbet.com operates Youbet.com TotalAccess?, an Oregon-based hub for the acceptance and placement of wagers.
Youbet.comŽ also has a strategic five-year agreement with Equibase, which gives Youbet.com the ability to duplicate the Equibase data on-site and provide programs, past performances, and derived handicapping information. Equibase is the official thoroughbred industry database. Established in 1990, the Equibase Company is a partnership between The Jockey Club and the Thoroughbred Racing Association of North America (TRA).