4 ms·
Interesting example: there's currently a major squabble in the British gambling industry over the use of drones to provide low-latency streams of horse racing.
by jdietrich 8y ago
Interesting example: there's currently a major squabble in the British gambling industry over the use of drones to provide low-latency streams of horse racing. Off-track betting is legal here, as is in-play betting - you can place a bet right until the winning horse crosses the line.
The latency for a typical satellite broadcast is about 10 seconds, so several gambling syndicates operate their own drones to provide a private low-latency stream, thereby gaining a huge advantage on in-play betting. The drones are being flown legally in uncontrolled airspace, so there racetracks are at a loss as to how to respond.
https://www.theguardian.com/sport/blog/2019/jan/16/talking-horses-racecourses-vow-to-ban-drone-giving-punters-an-edge-horse-racing-tips https://www.theguardian.com/sport/blog/2019/jan/16/talking-h...
https://www.racingpost.com/news/open-skies-authority-says-nothing-to-stop-drones-being-flown-near-racecourses/364002 https://www.racingpost.com/news/open-skies-authority-says-no...
- throw_away2 8y agoHow do they prevent the people at the actual races from sending out information and skipping the whole drone complication?
- jdietrich 8y agoThey can't. Having someone in the grandstands with a mobile phone used to be the norm, but a drone provides more information with less latency. As in financial trading, there's a huge financial advantage to knowing more than your rivals or knowing it faster. The time it takes to say "two and five have fallen" might be the difference between profit and loss on a race.
- deleted 8y ago[deleted]
- fireattack 8y agoI knew nothing about horse racing so bear with me: You can still bet when the game has already started or what? Because otherwise, I don't quite understand why lattery would matter in this case.
- philtar 8y agoYou can bet until the last second of the race