This story was published more than 11 years ago.
A precautionary statement has been released by the Victorian Commission For Gambling And Regulation warning bettors not to open betting accounts if they are offered illegal credits.
The statement comes as the Victorian Spring Racing Carnival approaches at the end of the week. Four online wagering companies have been charged with providing illegal inducements for players to sign up for accounts. These companies are Betfair Limited licensed in Tasmania and Darwin-licenced sports betting providers International All Sports Limited trading as IASBet.com, SportsBet Limited and Betezy Limited.
Of the companies charged with providing illegal inducements, Betezy offered A$200 up to A$2500. IASBet offered up to A$1000.