BANG! The race is on!

The dust is settling after the Presidential race, and now another race is beginning... which North American jurisdiction will be the first to fully embrace sports gambling - and take it online?

Of course, it all begins with first making sports betting legal.

Already in America, there are several jurisdictions that do NOT outlaw sports betting. Those are Nevada (of course), Montana, Oregon, and Delaware.

In Canada, most provinces already allow betting on sports lotteries offering poor odds - including online betting.

But now comes the interesting part... these jurisdictions have to decide whether that are going to sit on the fence or if they are going to attack the market.

Oregon has already hosted sports betting in the past, but was bought off by the NCAA, which is hosting basketball games in Oregon during next month's tournament.

Already, interesting things are happening in Delaware, as USAToday reported last week. While there is expected anti-gambling lobbying to come from the NFL and other leagues, it seems pretty likely that Delaware will soon be offering a sports lottery similar to the Canadian model.

That means that, very soon, there will be legal sports betting within a half-hour drive from Philly, Baltimore, and Atlantic City. I think it is safe to say that the states of Pennsylvania, Maryland, and New Jersey will have to respond or else see millions of their dollars flow to Delaware.

And just as Delaware tries to emulate Canada, now the question in Canada is whether or not to further expand sports betting.

The Toronto Star posted a nice opinion piece over the weekend which points out what everybody already knows... legalized sports betting is on the way, so now is the time to embrace it before somebody else corners the market.

Already, there are rumblings in Canada about removing the legal restrictions against single-event wagering, which would open up the floor for true sports betting.

It looks like Canada is going down the road. And once it is legal in Canada, it's not going to take long before somebody up here starts officially targeting American customers. Hell, the Canadian government is already turning a blind eye while the Kahnawake reserve outside Montreal is already doing just that.

Will America follow, or will it continue to allow other foreign jurisdictions to collect the flow of American money outside the borders?