You can use the control bar to skip to a certain point in the video. The tool being used for the videos apparently doesn't directly support fast forward or rewind.
Fast forward video option?

The video control bar. The one that shows you where in the video you are. You can drag it left or right or click in advance of the currently location (the ball). If you were wanting to watch all the action during that, it won't help, but will help skip forward or backward if you are trying to get to a different part of the video.
Hello,
I noticed the new playback feature for videos doesn't allow one to use the left or right arrow key to fast forward or rewind? Am I missing something? Is there a keyboard trick that allows me to fast forward?
Thanks for the help.