Is an overlay always worth taken?

[Hooloovoo]

Been thinking about tournaments where there is an overlay. Mathematically it's always a good idea to play, but i am interested in your opinions. Given that you feel comfortable with the buy-in (of course), how much of an overlay would you consider "good enough"? You can measure overlay in terms of money, but it seems better to think in terms of buy-ins. For example, i saw some hour ago at Betfair that they had a $5,000 gtd MTT with a $50 buy-in. Only 89 entrants in the end, so the overlay was 11 buy-ins ($550). How would you reason about that? Consider that compared to a $1 buyin $1000 gtd MTT where there are 998 entrants (an extreme example). I wouldn't be thinking it to be worth it, but that's partially because of the small value in the overlay ($1) Give me your thoughts :drums

[paul2475]

Re: Is an overlay always worth taken? The bigger the overlay in terms of $$$ is good enough for me no matter the amount of players:ok In relation to the buy in uhhhh this can get confusing. Basically im not fussy any tournament showing an overlay is fine by me;)