[bluetwo]

This reminds me very much of delta polling, where you survey experts in a field with a complex and unsolvable question, tally the results, send that information back to the experts, and then ask them again. After a few rounds this tends to arrive at what is usually a pretty solid answer.

It is used sometimes in scientific and medical research. An automated tool is pretty neat, but like others said, it doesn't really classify as AI. I'm not sure how much money I would really put down on the bets the site makes, but it is similar in some ways to the scandal that rocked Draft Kings/Fan Duel, where admins were using high-level data to make bets on opposing systems. They did in fact make money.