The voice of1 vs. 100 Livedropped a bombshell Friday evening. Starting July 10th, Microsoft will begin dishing out “skill-based prizes” to players in “the mob” and possibly the person wearing “the one” pants. The latter we’re not too sure about –host Chris Cashman wasn’t exactly clear with his announcement.

Despite prizes being given away,1 vs. 100Live will stay in beta. We’re guessing Microsoft and the folks behind the first Primetime title need to iron out some kinks.

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In addition to “the one” drama, we’re not exactly sure about what the “skill-based prizes” will be. The show is built around giving away Microsoft Points and Xbox LIVE Arcade games, so we wouldn’t be surprised if that was confirmed today.

Now that loot can be obtained, how many of you plan to play this week?

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