It was initially hosted by Bruce Forsyth (1988–90), then by Matthew Kelly (1991–95) and finally Darren Day (1996–97).
In August 2024, ITV announced that the show would be returning for two special episodes later that year with Stephen Mulhern and Holly Willoughby as hosts.
The accumulated total of points achieved by the celebrities would be added to the points totalled by the studio audience, increased several times over, converted into pounds and donated to a charity chosen by the celebrity panellist who had achieved the highest score.
The show closed with Forsyth doing a rap, along with the audience shouting back every "You Bet!"
The departure of Ward as co-host led to the number of celebrity guests being increased from three to four per show and Kelly doing all the work on location challenges.
The show's airing slot was moved back to Saturday nights and the remaining episodes of the seventh series were sponsored by Daily Mirror.
For You Bet's eighth series, it was decided there would be no more forfeits for both the celebrities and host Matthew Kelly when sponsoring their challenges until the forfeits were reinstated in for series 9 in 1996 after Darren Day had taken over from Matthew Kelly as host.
The public then got to vote in at home to donate £1,000 to a charity of their choice if the celebrity succeeded or failed the challenge.
It was during series 8 when Matthew Kelly had announced his intention to leave the show after 4 years to concentrate on hosting Stars in Their Eyes.
The forfeits, having been absent from the earlier series also returned to the show, but they were not chosen by the celebrity guests.
BONUS CARD, which meant their points would be doubled if they successfully guessed the outcome of a challenge (which can only be played once in the entire show).
Sarah Matravers, well known as a gong girl from Take Your Pick!, replaced Youdale as co-host for this final series before the longest ever break.