This sounds very stupidly dangerous. I’m amazed this is legal, and that people would do it in the first place. I get wanting to win at all costs but this is nuts.
I doubt it’s dangerous at all: https://news.ycombinator.com/item?id=40948229
If doing this makes it possible to perform better, people are going to push the edge of the amount that’s “safe“. Right up to the limit. Tip toeing over the limit.
People will get seriously hurt/die if they do it wrong.
It’s CO. there’s a reason the government is always telling people to make sure they have carbon monoxide detectors. It’s not because they might get too good at sports.