Ever been given a hot tip but haven't had the funds to place the bet? BetForFree have complied a list of Australian bookmakers that give credit accounts from as little as $100 and up to $5000. The bookmakers listed only give credit to approved clients that are residents of Australia.

Here are some advantages to credit accounts

• Unlike Credit cards, there are no high interest charges
• Funds are avalible when a tip comes along 
• One monthly statement
• Some bookmakers offer Free Bets to credit accounts

Care needs to be taken with credit accounts as you are playing with funds that are yet to be paid for. That being said this may not suit all people. Obviously ID checks and an application will need to be submitted also each bookmaker has its own terms and conditions that will need to be followed.

Sportsbet Members are eligible to apply for a $200, $500, $1,000, $3,000 or $5,000 credit limit.

For more information and to apply click here, join Sportsbet and download the application form online.

IASbet members are eligible to apply for an Internet and Telephone credit account. Credit limits are awarded at the discretion of IASbet Management.

For more information and to apply click here, join IASbet then email customer support requesting a credit application form.

Punters that deposit $5000 are eligible for a credit facility equal to that amount. The credit is subject to employment and referee checks. They are also eligible for a $2500 free bet.

To apply simply click here and join Overtheodds. Then email customer support requesting an application.

Canbet also have a credit facility that is given and can be used on all markets. credit limits are given at the discretion of management

For more information and to apply click here, join Canbet then email customer support requesting a credit application form.