>>Yes, go for it IF the prize warants it. If the buy in is $50 and there are 100 players you should expect to win 5000 min.
This is assuming you have the same chance of winning as everyone else.
I just played in my first tourney. There was only one other person at my table who was taking advantage of the betting order determined by the puck. Most people were placing random, nonsense bets right after "Place your bets" was called, without looking at others bankroll and bet.
If my experience was typical, anyone who has even skimmed Wongs book would be at a huge advantage. I think this should be a factor when doing the math.
Incidently, I was BR1 by more than a max bet going into the last hand. I put out a minimum bet. The only way I could loose is if BR2 would catch a natural or split/double. He got the natural.
-Felix