What does "potted" mean in "Potted Potter"?

It means shortened or compressed. For example, potted history is a frequently used phrase that means a history that is abridged.

As the website you link to says:

All seven Harry Potter books in seventy hilarious minutes!

So [Harry] Potter has been potted.

Potted in this sense is recorded as chiefly British usage.


Abridged.

Literally, a method of cooking or preserving (in a pot), but often used to refer to a condensed form of e.g. a book.