I think that's a fair observation, though I'm not sure it makes a difference. It just means it's harder to follow. Nowadays powerful computers are sometimes giving winning combinations in a quiet room, while the players have no clue.
I'm not sure soccer is any different. How many games are 1-0 or 0-0 during half time? A lot can happen in one half. Typically a game is not considered safe until it is 2-0 or 3-0 with one half or less to go.
Many chess games are won because a pawn or a piece is lost half way. In this regard, chess and soccer is the same.
Compensation is not so easy to see, actually. Most positions are lost when you're over 5 points down. But, if you have attacking chances while you're a piece or two down, the position can be very unclear. Maybe you cannot find the best attack, or the opponent doesn't find the best defence. Behind the board it is sometimes impossible to tell who is better, even for a grandmaster. (Not talking about positions that are rougly equal.) I have to say these are exceptions. Usually if I grab a game I can tell during some point the balance is starting to shift.
But again, I have to say, that is normal. Are you absolutely sure who is winning a soccer match 20 minutes before the end, by looking at the field? Keeps it interesting.