The water in your main tank (when up and running) will always be at a level above the top of the overflow, right? That's how the water gets into the sump. You will also have a return pipe from your pump that goies over the top and into your main tank. Imagine a power outage, your pump stops so the water will contnue to drain into the sump until it is below the level of the overflow. Additionally the water will siphon back through the pump to the level of the return pipe. You are married to the overflow level - no way to change how much water will drain out of your tank until it reaches this level. The return pipe, on the other hand, can be regulated by you. You simply drill a 1/4" hole in your return pipe just below water level so when the water goes below this hole, air will enter the return pipe and break the siphon.
It's a little confusing to describe without drawing a picture. Did you get it?