Actually I was correct, its is possessive, otherwise it would have no purpose.
It's only translates to "it is" or sometimes "it has" you can't make it "own" something.
For example, this "I give this game props for it's great value when it comes to sound." doesn't make any sense, and it's what I was talking about, I wasn't referring to all of the "it's" I think there's a few more as well.
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