Of course . . .
. . . assuming that a "couple of hundred dollars" represents no more than 2% of your bankroll.
And that assumes that you are comfortable with full Kelly betting (most people are not). It would be better if that sum represented 1% or less of your bankroll.
If your "bankroll" consists of a few hundred dollars, or if losing "a couple of hundred dollars" would ruin your whole day, then you would indeed be foolish to make such a bet.