The 2001 version of You Bet Your Life is an attempt at reviving the classic 1950s game show for the new millennium, hosted by Rod Roddy, announced by Dee Bradley Baker (who also serves as co-host), produced by Stone Stanley Entertainment, CBS Productions and Carsey-Werer Mandabach and it was taped for CBS at Television City in Hollywood on May 18, 2001.
The main game was the mixture of 1947-1956, 1956-1959 and 1959-1961 versions, except couples picked four contestants that worth $100,000, $105,000, $295,000 and $500,000 to win $1,000,000 in fortune.
The couple bet all the money with however $25 points in total.
The Jackpot Question is the same as the 1956-61 version, except the Jackpot picked $500,000 and doubled your money to answer the question in order to pay $1,000,000 in dollars and the contestants faced a wheel with numbers from one to ten with a contestant pay $100,000.
- The main theme was recycled from the 1996 Stone-Stanley flop Big Deal.
- One of the cues for the show used the main theme from Winning Lives.
- This was Rod's second and final hosting job, and afterwards he wanted to continue announcing The Price is Right until his death in 2003.