I wasn't sure which category to put this up in and I couldn't find a way to put up a new topic in the actual competitions page.
Morningwood Slots V.2 is up and running beautifully. (I hope)

There is a 'SimpleSlots' version (similar to V.1 but faster and with no back room) and more importantly, 'Points4Prizes' Slots.

When the 'Points4Prizes' slots is spun, three items show behind the glass. If these three items are listed as a valid combination you will get points! (For ex. Three sticks are spun, so the player is awarded 5 points.)
Similar to carnivals or arcades, these points can be saved up and traded in for things such as spawners, eggs, and other desirable items.

Due to an unbelievable rush of players and points in Morningwood's last competition (winner - DH4CFC with over 1400 points) players will be limited on low level spins. (This may be changed at a later date)

At current, players will be limited to 15 iron, 25 gold and an unlimited diamond spin counter.

I would be very interested to hear feedback as to what people think prizes (and how many points they cost) should be, along with ways to improve the competition.
Thankyou for not TLDR'ing See you at the slots friends!