Uruguay are now the clear favourites to win the 2011 Copa America after Brazil’s shock exit in the quarter-finals.
The Samba Boys’ defeat to Paraguay came soon after pre-tournament favourites Argentina’s loss to Uruguay, with Chile sent packing soon after following a 2-1 defeat at the hands of Venezuela.
All this means that, of the four most-fancied teams to win the competition prior to it getting underway on 1st July, only Uruguay are left standing.
As such, their odds in bwin’s Copa America football betting market have been slashed from 11/1 to 17/20.
A successful £25 free bet on Uruguay to win the Copa America, available to new customers who sign up for a bwin account, would return £46.25.
This compares with the £300 punters could have won if they had placed their bet on Uruguay to win before the start of the tournament.
Uruguay’s nearest challengers appear to be Paraguay, who are on the opposite side of the draw to la Celeste.
Gerardo Martino’s men are 2/1 second-favourites with bwin, having started as 18/1 fifth-favourites.
Meanwhile, pre-tournament outsiders Peru, who were available at 100/1 on 1st July, have seen their odds cut to 7/1 on the back of their run to the semis.
The only other team left, Venezuela, have seen their odds fluctuate wildly as the tournament has gone on.
Starting at 80/1 on 1st July, Venezuela odds had drifted to 100/1 by 4th July following a 0-0 draw with Brazil in their opening game in Group B.
By 7th July, Venezuela odds had lengthened to 350/1 before coming back in to 100/1 a week later.
This was the result of la Vinotinto making it through to the last eight courtesy of a win against Ecuador and a draw against Paraguay.
With their place in the last four now secured, odds of 8/1 mean a £25 free bet on Venezuela to win the 2011 Copa America would return £225.
New customers can register here to claim a £25 free bet.