Yeah. You have to wait longer for FS in a high volatility game but the chance of winning big amount is high too, however, it's never guaranteed. I have played Fist of Destruction by HACKSAW Gaming yesterday. Started with $80 balance and $0.20 per spin. I ended up winning not a single FS, lost the total balance.
Most likely, there are others who are trying to get into the competition, but they can't make it to even 100x.
For sure, Hacksaw games are very hard to hit, and even if you got a bonus round, it's not a guarantee. I even had to be very happy if I hit a bonus round, but they've all dead spin unlike others who hit big multiplier with just one single spin.
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I don't recall ever winning any substantial amount of money through spins, no matter the provider or the casino. I'm yet to try the new ones but I'm not expecting anything major, but I do want to try them because they're new. Generally slots are a hit or miss, you might hit tens of spins and not score a single win, and there are times where you might score on your first spin. I generally avoid them, I'm more into Crazytime and sports betting.