This is cool but seems like it could easily be gamed by a bot to make sure you always have a bid in

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Do it, you need to bid 50k sats/hour tho

That's only if you need to make a bid every time which you wouldn't. This is automated so you'd also likely never have to make most bids. You're only going to algorithmicly do it at last second if the pot is about to clear and you're not the winner. Helps even more if you're the site owner and you're just rugging everyone else so you know even more about bidders and pot conditions.

True, I guess the site owner has some advantages

I figure they could take a 10% rake, actually have a winner according to their rules, and still always make money.

Smells like a bit or “rent seeking” to me.

50k sats. No thank you.