I don’t use Android, but I understand uBlock Origin works with Firefox on it, which is kind of the gold standard on desktop, given the other browsers now restrict extensions in ways that make ad blockers less effective.
Yes, this works very well. The element zapper interface is a little challenging or I intuitive, but just using a default block list is so much better than using the internet without any ad blocking.
You can actively poison your ad profile by using AdNauseum, which clicks on all the ads and then throws away the response. The actual ads are still hidden using UBO under the hood.
You can also use AdGuard+Tailscale to get DNS blocking of all ads on all devices. Tailscale will let you block in app ads, even on your phone even when on the cell network.