Indeed.
One really interesting aspect of this problem is that by removing the balls, you even out the odds of pulling one color or another as the numbers get big.
For example, I ran a simulation 1,000 times where I flipped a fair coin 1,000,000 times and noted abs( H - T ). The average value was 783. But if we put 500,000 black balls and 500,000 white balls in the urn, the average number of balls left after exhausting one color is very close to 2!
Coin outcomes remain 50-50. Ball outcomes readjust to b/(b+w) and w/(b+w).