- the value is often doesn't require an update, and
- there's contention on the cache line, i.e., at least two cores frequently read or write that cache line.
But there are important details to consider:
1) The probing load must be atomic. Both the compiler and the processor in general are allowed to split non-atomic loads into two or more partial loads. Only atomic loads – even with relaxed ordering – are guaranteed to not return intermediate or mixed values from other atomic stores.
2) If the ordering on the read part of the atomic read-modify-write operation is not relaxed, the probing load must reflect this. For example, an acq-rel RMW op would require an acquire ordering on the probing read.