What are the risks high-frequency trading in gambling?

[001Me]

The vast risks associated with high-frequency trading (HFT) in the gambling industry call for cautious evaluation. By taking advantage of minute variations in odds, HFT algorithms' speed advantage enables traders to profit from split-second changes. This might result in unfair advantages and betting outcome manipulation, undermining the fairness of the gambling markets. Furthermore, the extremely quick transactions of HFT raise the risk of substantial monetary losses, particularly in the event of errors or unpredictable markets.

 

[CR7]

Sorry I couldn't contact the ChatGPT think tank

 

[swift]

i think High-frequency traders rely heavily on technology to execute trades quickly, which means that system outages or technical glitches can be costly , also Regulatory authorities may scrutinize high-frequency trading activities in gambling markets to ensure that they are fair and comply with regulations