The 1953 South American Basketball Championship was the 15th edition of this regional tournament. It was held in Montevideo, Uruguay and won by the host, Uruguay national basketball team. A record seven national teams competed. It was the first to follow the first World Championship in 1950.
1953 South American Basketball Championship| 15th South American Basketball Championship |
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| Host country | Uruguay |
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| Dates | April 4–19 |
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| Teams | 7 |
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| Venue(s) | 1 (in 1 host city) |
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| Champions |  Uruguay (6th title) |
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Each team played the other six teams once, for a total of six games played by each team and 21 overall in the preliminary round. The three-way tie between Chile, Peru, and Paraguay was broken by a sub-bracket; each was 1–1 against the other teams in that sub-bracket. The point differentials within the bracket gave Chile the top spot in it with +5, Paraguay had +4, and Peru had -9. This was mostly due to Chile's relatively large victory over Peru while the other two games (Peru-Paraguay and Chile-Paraguay) had both been much closer.
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| Uruguay
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48 - 32
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Brazil
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| Uruguay
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52 - 36
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Chile
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| Uruguay
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62 - 45
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Paraguay
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| Uruguay
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22 - 20
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Peru
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| Uruguay
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58 - 34
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Ecuador
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| Uruguay
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67 - 33
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Colombia
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| Brazil
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51 - 40
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Chile
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| Brazil
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40 - 37
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Paraguay
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| Brazil
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31 - 15
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Peru
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| Brazil
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51 - 37
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Ecuador
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| Brazil
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69 - 45
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Colombia
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| Chile
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40 - 46
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Paraguay
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| Chile
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56 - 45
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Peru
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| Chile
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52 - 47
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Ecuador
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| Chile
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45 - 41
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Colombia
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| Paraguay
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51 - 53
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Peru
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| Paraguay
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57 - 43
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Ecuador
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| Paraguay
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51 - 46
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Colombia
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| Peru
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50 - 43
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Ecuador
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| Peru
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52 - 34
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Colombia
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| Ecuador
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55 - 42
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Colombia
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Uruguay (6th title)
Brazil
Chile
Paraguay
Peru
Ecuador
Colombia