YouTube 360 Degree videos play like low res 240p crap for me. Why? Looks HORRIBL

[BuRgLaR]

Every single 360 degree video I play on Youtube looks utterly horrible like an old 640x480 VGA camcorder I used to have.

Why? Am I missing some sort of codec? Other 360 content looks great on my desktop and rift but YouTube looks junky!