I see no problem sending your team to 2 different varsity tournaments if you have the numbers and talent. We used to do this often back in the late 90's. I remember we sent our varsity to a 2 day tournament in Kansas, and our JV went to a varsity tournament in Colorado. Not only did our JV win the varsity tournament in Colorado Ulysses JV took 2nd. If you can compete in 2 tournaments I say go for it.