If you would prefer to listen to this post rather than read it, click the link below.

Michael Batnick · Is Robinhood Good For Investors?

“Is Robinhood good for investors?”

I was asked this question on a digital Zoom conference a few weeks ago. Below is a more refined version of my answer. Note that when I say “Robinhood,” which I’ll use from here on out, I mean any brokerage that gives you free trades and allows you to purchase fractional shares.

New investors today are far more informed than younger investors of previous generations. They have more information at their fingertips between YouTube, Twitter, and Substack than they could possibly hope to consume. Thanks to Robinhood, they’re able to put this knowledge to work.

Robinhood didn’t lower the age at which you can open a brokerage account, but they did make it financially feasible. Five years ago, you needed to come up with $600 to buy one share of Amazon. And if you did have that $600, you had to pay $8 for that share, more than 1% of your purchase price. Thanks to fractional shares and zero commissions, now all you need is a couple of bucks to buy a piece of the company. If stock picking isn’t your thing, you can also buy ETFs with no minimum and no transaction fees. This is a huge win for new investors.

Benjamin Franklin said, “Money makes money. And the money that money makes, makes money.” This is a perfect way to describe compound interest. Time is the fuel to compound interest’s fire. The earlier you start, the better off you’ll be. To use a simple example, $100 growing at 6% a year from the time you’re 18 to 65 would be worth 34% more than if you started 5 years later. Getting that snowball rolling early is a huge win for investors.

Experiences can’t be taught in the stock market; they have to be learned. You can’t read what it feels like to lose 50% of your money. The only way to learn how to swim is to go in the water, and thanks to fractional shares and zero commissions, investors can go in with only a little money on the line. This is a huge win for investors.

See: ‘Robinhood’ Proves Again It Really Robs the Poor and Gives to the Rich. But why all the drama and hysterics? Because, the FMOTU need a high-profile scapegoat before they pull the plug on the Global Gambling Casino. The house can no longer keep up this CON OF THE CENTURY (actually for the past 5 centuries). You can buy and sell Century Casinos (CNTY) stock and options and many more commission-free on Robinhood with real-time quotes, market data, and relevant news. View the real-time MGM price chart on Robinhood and decide if you want to buy or sell commission-free. Change the date range, see whether others are buying or selling, read news, get earnings results, and compare MGM Resorts against related stocks people have also bought. Robin Hood Slots Taking from others has never been more fun than with the Robin Hood video slot from Net Entertainment (NetEnt) that puts players in the English country side stealing money from the rich and giving it to the poor along side his Merry Men.

That has been my take on Robinhood until now. I still stand by the potential benefits of Robinhood, but I’m getting more concerned that there are plenty of downsides to free trading.

Robinhood feels like a casino. In a casino, you gamble. In a casino, the longer you gamble, the more likely you are to lose. The opposite is true in the stock market. The longer you play, the less likely you are to lose. But that depends, of course, on what game you’re playing. And this is the issue.

I used to think that Robinhood’s casino-like nature was actually a good thing. If you lose for long enough, you will eventually get the gambling out of your system. I thought young investors would learn how hard the market is and that trying to beat it is A Loser’s Game. I’m changing my opinion on this.

Your early experiences in the market mold what type of investor you’re going to become. If your formative years teach you that the market is a giant casino, then it might be hard to shake that view later on.

Getting back to what I said earlier about younger investors being more informed, I have no doubt that this is true, but I do doubt that this is helpful. Having a little bit of knowledge in the stock market is worse than not knowing anything at all. Terrible things happen to young, confident investors. We just haven’t seen it yet because a bull market rewards risk-taking and disguises reckless behavior.

I don’t hope young investors get crushed. I’m not going to celebrate if or when they have their comeuppance. However, I worry that the longer the bull market goes on, the more ingrained this brazen behavior becomes. This will be hard to unlearn as young people reach their peak earning years when real money is on the line.

“Is Robinhood good for investors?” That’s like asking, “Are ETFs good for investors?” Which investors? Which ETFs? What does “good mean?” It’s a question so broad that you can’t possibly find a brush wide enough to paint it with.

Robinhood is neither good nor bad. Some aspects of it are great, others not so much. Some people will take it too far. They’ll learn the wrong lessons. They’ll over trade. But is any of this unique to Robinhood? A small portion of investors has been blowing themselves up since the beginning of time. They did this before Robinhood was here, and they’ll do it long after it’s gone. Few things are either good or bad.

ProviderEvoplay Entertainment
ThemeFolklore/Adventure
TypeVideo slot
Number of Reels & Paylines5 reels & 20 paylines
RTP95%

Robin Hood Slot Review

Released in November 2016, by Evoplay Entertainment Robin Hood is one of the most popular slot ideas you can find in online casinos globally. It is based on the iconic folk and movie character Robin Hood, a heroic outlaw who was known for stealing from the rich and helping the poor with the loot. With the Robin Hood slot machine, you never have to worry about becoming a thief or sharing your money bags.

The game will only take you on an amazing adventure through the Sherwood forest, where you get a chance of earning some amazing rewards by simply spinning the reels. Characters from the story and standard card symbols make up the symbols of the slot.

Robinhood Casino Buffet

The Appearance of the Slot

Evoplay Entertainment does not play when it comes to the visuals of their game. Robin Hood is a beautifully designed game with remarkable graphics and animations. The background is a lush green forest with loads of treasure chests filled with gold and precious stones. This gives you an idea of what to look forward to, each time you see the screen. Melodious sound effects blend in well with the smooth visuals to present an exhilarating gaming experience.

Robin Hood Slot Game Playing Instructions

This is one of the free online slot games that both novice and seasoned players can enjoy, thanks to its simple gameplay. Essentially, all a gamer needs to do is set the betting amount they prefer, click on the spin button and watch as the winning combinations begin to fall in line. The betting range is quite vast because the minimum bet is 0.10 credits, while the maximum is 500 credits. Keep in mind that all the 20 paylines are fixed, making it a little bit easier to hit winning combos, when you play free online slot games.

As the reels spin, there are plenty of special features that can appear making gameplay even more exciting. These include:

Casino
  • Wild Symbol

This is one of the most anticipated bonus symbols. It makes your work of completing winning combinations simpler because it can take the place of the regular symbols, with the exception of the scatter.

The deal becomes even sweeter because the Wilds become sticky when you land on three or more. As soon as this happens, you will get a present of three respins. Note that all the Wilds become sticky during respins where you also get an additional respin.

  • Free Spins

You get 10 free spins for simply catching three or more scatters. These are characterized by the evil sheriff. As you enjoy the free spins rounds, note that all Wilds transform to sticky Wilds. Additionally, you can only play the free spins round with the amount of bet that activated the free spins feature.

How to Increase Winning Chances Playing Robin Hood Slot

The payouts from this game depend on the symbols you align. Robin Hood casino slot machines have three high paying symbols when you land them from the leftmost reel. These include the Wild, Scatter, and symbol of Robin Hood. These will give you X25 your bet.

With this in mind, no one wants to experience a losing streak whether playing Robin Hood slot online for free or the paid version. To help you minimize losses, here are a few tips you can work with.

  • Bet Wisely. As you play Robin Hood slot online, keep in mind that wins do not come about too easily. This means that you may have to experience a couple of dry spins before your balance can start increasing. For this reason, set aside some time and wagering money if you want to make your gaming session more worthwhile. Seeing that this is one of the free slots with bonuses, more spins can help you trigger this so that you can end up with significant wins after some time.
  • Know when to take a pause. Robin Hood can be categorized as a high variance slot. This implies that it has the potential of giving you some huge wins. When you land a huge win, it is important to know when it is time to stop, so that you do not burn through all the profits and end up with no money. Understand that large payouts in these types of slots are rare, and it is hard to hit them more than once in a gaming session. Huge wins in this instance refer to anything over X200 times your bet because the wins can go up to X1,000 or more. The same also applies when you are experiencing losses. This is why it is important to always gamble on a budget so that you can leave the slot after spending your budget.

Robin Hood Slot Variations

There are two versions of Robin Hood that gamers can access when they feel like searching for treasure in the forest. The first is the free Robin Hood slot. You can also refer to this as the demo version of the game. It helps you to play the game for free, meaning you do not have to go into your pockets to look for cash to wager. With this version, you do not even need to be a member of a casino. You can just search for the game online and start playing right away. The demo version will give you a healthy balance, so that you feel like you are playing with real cash. However, you cannot withdraw the demo balance regardless of how much you win because at the end of the day, it remains fun money. Demo games are a great option for gamers who are looking for some relaxed fun without worrying about spending cash. It is also a great way to get to know the ins and outs of the game before going in with real betting money.

The other version of the slot is the paid version. This requires that you use real money while placing wagers. The amount of money you decide to use depends on the budget you are willing to work with. This is one of the reasons the slot offers a wide betting range in a bid to accommodate all types of gamblers. To play the real version of the game, you cannot just play on any site online. You need to identify a reputable casino where you will sign up for an account and deposit the resources you want to use to place real money wagers. The reason it is important to look for a trustworthy casino is so that you can have a seamless experience when you deposit or withdraw your cash as well as when you are gaming. Some casinos out there are only developed to frustrate gamers.

Gaming on the Go

Nowadays, you can do almost everything with your smartphone or tablet, including gaming. To cater to gamers on the go, Evoplay Entertainment also designed a mobile-friendly version of Robin Hood free slots. This allows you to spin the reels on your preferred mobile device without any complications. All you need is a stable internet connection, and you are good to go.

To make things more convenient on your end, this is a no downloads slots machine, which means that you do not need to download the game to enjoy. Because the slot has been optimized for mobile play, you can expect that you will encounter all the features you get while playing on PC. This means that you do not have to worry about a substandard experience when playing on your tablet or phone.

Additionally, you can also access all the versions of the game, giving you the freedom to choose whether you want to play the paid version of the game or Robin Hood free slot machine.

Closing Thoughts

Robin Hood is one of the slots worth checking out. It has been designed for all types of players whether you have been playing slots all your life or you are new to the gaming world. The graphics and theme blend well to have you feeling like you are a superhero on an adventure to look for treasures. The gameplay is also simple and fun which can get you clicking on the spin button endlessly. The rewards are also pretty decent, another aspect that will motivate you to play the slot.

You can also play free Robin Hood slots or the real money versions depending on what you like best.

FAQ

Robinhood Casino Restaurant

Robinhood Casino
Here are some common questions about the Robin Hood Slot:

📌 Where can I play Robin Hood?

Robin Hood is available in many online and mobile casinos where you can easily access the game. But the best way to play it for free – is to launch the game from our site!

📌 Does Robin Hood offer any special bonuses?

How To Win Robinhood

Yes, you can enjoy multiple special features while playing Robin Hood, including sticky Wilds, Respins, Scatters, and free spins.

Robinhood Casino Bingo

📌 Can I win real cash playing Robin Hood?

Robin Hood Casino Game

Certainly, playing the real money version of Robin Hood allows you to make real cash each time you hit winning combos after spinning the reels.