You might win a few pots with this strategy but you will never win a tourney, mind you Annette Obrestad won an online tourney without looking at her cards so anything is possible I suppose.
Quote
In July 2007, Obrestad won a $4 buy-in 180 person online
sit-and-go where she claims to have played almost the entire tournament without looking at her cards. She claims she peeked at her cards once during the tournament, when she was faced with an all-in bet. She did this to show "just how important it is to play
position and to pay attention to the players at the table."
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