Eventually it became almost an HFT-type thing like in the financial markets, the biggest advantage comes to the person able to put a bet in at the last possible

Eventually it became almost an HFT-type thing like in the financial markets, the biggest advantage comes to the person able to put a bet in at the last possible nanosecond because they will have the most accurate prices. Which would be fine (or at least comparable), except the pool software is way slower at updating when new bets come in and the tracks take a 10-17% commission on every bet, which is a drag that is just really difficult to overcome.