Yes I play with it, and sometimes we see riders starting further back for that very reason.
Plus you're assuming that it is an advantage for the race leader to hit the break away. That is only the case if the rest of the players haven't pushed the bid high enough. And even so I've seen several stages where the yellow jersey goes into the break away, but I can also tell you for sure that the rest of the pack becomes very eager to catch him. I have not seen him win.
but this rule seem to penalize more bad ranked cyclists, they have to maximize their bet to earn few spaces : double punishment