Microsoft may of canned 1 VS 100 trapped on tape but i am not saying that they have abadndoned live episodic games on Xbox Live yet. Instead seems like they are passing on a second go and are also now beta testing a brand new game show, Full House Poker, which features a mode of Hold'em called Texas Heat.
Avatars will likely be used to represent players available and will have unique tell signs. There will also be new accessories for ones avatar to sport likewise. (Maybe a Full Tilt hat?)
Players play for experience points and chips in addition to their overall progress and bankroll are going to be saved between sessions. Full House Poker may also feature a read more leaderboard in order to compare your card shark skills on your buddies.
I think it may be a great incentive in case you could win MS Points or XBLA games as prizes for going to date in the tournament, but that is just me wishful thinking...
No word on when exactly Full House Poker is on its way out yet, but I would not be surprised to determine it out by next Summer.