Not only is there Video Game Championship Wrestling, there is also Saltybet. Saltybet is a long-running psuedo-betting service where members watch and bet (fake) currency on AI vs. AI matches in the classic MUGEN fighting game engine.
There is no attempt at a plot, just watching as a character that has no business being in a fighting game launches projectile after projectile over their tiny opponent.
So, the clock is ticking down, only a short time to place your virtual bet. The opponents are there-one fairly conventional fighting game character (or at least looking that way), against a tiny pixelated figure.
You take your chance on the small-hitbox. After all, the AI could just punch over their head.
So, then the fight starts. The small competitor jumps right into their opponent’s attacks. Looks like it can go both ways. The winner of that round’s betting was not you.
That is a typical Saltybet experience. I’m a ridiculously cautious bettor, unlike many users. In many cases it’s fun to just watch the silliness without even the tiny stress the betting provides.