Teachers of Chile!!! Is Chile currently oversaturated with ESL teachers? How competitive is Chile currently?

I'm considering a few countries in Latin America to teach in. Most articles and information on ESL in Latin America points out that Chile is either the best or one of the best places to work in that region. With that in mind, you could argue that it might become flooded with ESL teachers. Maybe there is just lots of jobs? I wanted to hear your personal opinion on the questions above. A little competition is okay, but I also might be looking for a country that might have a more untapped market. I have a BA in History and am a White, 26 year old, US citizen, male btw. No formal teaching experience, but where I want to teach is where I'll get my cert.