I've just been on the chatbox about something I noticed with Betfair Poker. Tonight I entered a Satelite Tournament, played for entry into a bigger tournament.
Now the entry to the big tournament is $55. ($4000 prizefund)
The satelite guarantees 3 entries, so has a $165 prizefund itself.
I payed $7 entry to the satelite.
16 players took part in the satelite (I feel like I'm helping my daughter with her maths here!)
So the value of my entry to the satelite is $165 divided by 16 players = $10.31
These chances occur for the "HOT" tournaments. You just have to monitor the entry and weigh up the value. Sometimes the value is better than my illustration above. (I finished 4th - gutted)