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No. That's not how refunds work. You will only be refunded the price you paid, not the full price.
There's always at least one every few months asking.
When you make a contract sale, you are agreeing to hand over an agreed upon amount of money for the goods. If you return them you get THAT money back.
That's how it works - indemnity not profit.
What you can do though is if you get in such a situation, if you buy a game that's NOT discounted and it goes on sale and you've not played two hours and you bought it within the last 14 days, you CAN refund it, and then rebuy it at the discounted price (assuming support get back to you in time).
Yes, absolutely, see Valve is not in the business of making money, they are in the business of losing money by being completely cognitively incompetent.
The fact that you entertained that thought long enough to make it all the way to making a thread about it is truly astonishing.
A refund is you getting back what you payed, not a lol-so-random-free-money-hack.
Holy cow.