I had this conversation with the pro at my club during a match play tournament last year. Our course has three of the lowest handicap holes very early, and I was giving strokes on #2, #3, and #5.
What this means mathematically is that if we go to extra holes and halve #1, my opponent gets a stroke on #2. If he wins there, effectively he is getting 9 shots, or a stroke every other hole, instead of the 6 shots that I was giving in the original match. Of course, if I can survive #2, he strokes again on #2, and now he's effectively getting 12 shots because he's gotten 2 strokes in three holes. I thought this was a bit steep.
My pro's answer was, "Well, you better close him out in regulation, then, hadn't you?" I did not appreciate that.