Copa América betting hosts the oldest international football competition. There are a total of 12 teams in Copa América betting, 10 from CONMEBOL, South American football’s governing body and invitees Mexico and the United States. The twelve teams in Copa América betting compete in three groups of four. Then the tournament takes on a knockout format with the top two from each group joined by the two best third place teams. The top two seeds in this Copa America betting 2007 are Brazil and Argentina.