Part of my pre-shot routine is to wipe the ball off with a micro-fiber towel, whether it needs it or not. While I have never experienced any difference in reaction or ball death over time, it just seems like a good thing to do.
Also, it provides a look at the ball for nicks, sticky black crap from the ball return, scratches and other damage. And, provides a few moments to settle down and mentally review what I am supposedly concentrating on.
Seems to me that waiting for the ball to return and then wiping it off would cause you to be in other bowlers way too often, even if you are careful.
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Never take a sleeping pill and a laxative on the same night.