The answer is yes.
The Elo equation is made to be that way.
The difference in the ratings equals an exact chance of winning or losing. (Although "exact" and "chance" cannot be in the same sentence.)
Side note: I always thought that 3000 is the asymptote of the Elo equation. (I used the word "asymptote " in real life, how about that?)
There is no such asymptote. The same Elo calculation can be used for a wide variety of games and the upper limit can be absolutely anything. The upper limit for chess is unknown and remains very uncertain. Arguments to the contrary are not that reliable.
Is there something wrong with the forums today?