I don't know what low-tier BW means (I own an ISP), I think they problem reddit video is that their video infrastructure is most likely not geographically distributed and also not have peering with major telcos, which gives you high latency and poor playback for people who lives far from reddit video servers. Maybe they will eventually fix it, not sure if they have that much money to burn on repeated memes and porn videos.
Then something is wrong with their setup. It's just not me. I have seen many comments on Reddit on how horrible their video platform is, it takes forever to load.