First of all, here are my stats from last month's Las Vegas trip. This is a good example of the topic of this post.
Donkaments < $100: 8 tourneys, 3 chops/wins, +$1005, 173% ROI
Tournaments >=$100: 5 tourneys, 0 cashes, -$860
Cash Games: -$104, 18.5 hrs
Pit Play: -$108
2012 was my first losing year as a poker player. There were various factors, including running terrible in Omaha-8 games (-$1187, 66.5 hrs, 26 sessions). I also lost a decent chunk in Pit games (again), although it was a little less than 2011.
But the biggest factor in my losing year was the tournaments, and that's what this post will focus on. Here are the numbers.
Donkaments <$100: 183 tourneys, 49 cashes, 30 wins/chops, +$5438, 43.9% ROI
Tournaments >=$100: 69 tourneys. 6 cashes, 4 wins/chops, -$7466, -46.1% ROI