My issue has been and still is that I don't want to make a bet and not know what my odds will be. I shouldn't have to have an algorithm to estimate the final odds. 2 second intervals will not alleviate the huge odds swings. The people with the algorithms will all bet with 2 seconds left. The ability to bet at the last second has created the problem and cycle time won't fix it.
Agree in theory Andy but wouldn't you agree with me if I said that more often than not, the horse you play goes off MORE than what she/he was in the gate?
I can't tell you how many times I've wagered on a 15-1 at the gate and she/he winds up at 18-1 or something. Or 20-1 to 25-1.
Of course the reverse of this is true that when people wager on LOW odds horse, they tend to go off even LOWER after the start of the race. I.e, 9/5 to 8/5, etc.
Bottom line is because of my style of play, I will never complain about late changing odds because 90% of the time I get the benefit and it's usually more than a tiny increase.