If you are considering placing your bets in South America, you should start by looking at the regular South American powers. Chile are one of the best teams in the region, and are a solid choice to bet on. They have won back-to-back Copa America finals in 2015 and 2016, thanks in part to the golden generation of players. Another popular market to place bets is on the top goalscorer, with odds being good due to the unpredictability of this market.
Argentina, Uruguay, and Paraguay are all strong candidates for the World Cup and are a safe bet for the tournament. Both teams have strong defensive records and are considered to be strong favorites to win the tournament. In the recent past, both Uruguay and Argentina have been dominant in South American qualifying matches, with 12 wins and nine draws. While Argentina has a good record at home, Uruguay is a difficult place to bet on because of the poor defense and the lack of creative players.
As for Brazil, gambling laws are outdated and unregulated in the country. The country is still a safe bet, but the potential to make money from sports betting is immense. Only Colombia has laws in place to regulate the industry, and if these are passed, this is a sure fire way to boost the region’s economy. If the US decides to legalize sports betting in all of its states, it will certainly be a positive sign for the whole continent.