Been there done that. I totally disagree based on my experience of betting volume of more than $1.2 million dollars in last 10 months. I was heavily arbing upto $15k per arb for 1% or 1.5% return on each arb. There were times when I consistently lose on Pinnacle but win on softbooks and my all bank role ended up in soft books. There were also times when my all bank role ended in Pinnacle and I lose all bets on softbooks. If I had followed valuebetting, I would have been bankrupt many times.
So value bet is just a myth. If it's hold true, all value bettors would be multi-millionaire by now if not multi billionaire. But all I see on different forums the people who promote value bets are staking $10-100 per bet. If somebody is staking only $10 or maximum $100 per hand, I will not bother to listen his words as he is just a newbie or small time punter who will lose everything while doing value betting. Unless you are value betting of minimum $1000 per bet, I will take what you are saying as joke.
If valuebetting theory holds true, sophisticated firms with high tech technology, large amount of previous data, and sharp minds would be cashing in. But research shows that's not the case. Some small time student living in dorm, staking $2 per hand for 100 bets and publishing his results are not worthy to believe.
OP claims to be doing this value betting from last 4 years. I challenged him to show his returns and show by how much percentage his bank balance has increased. 90% chances are his bank balance decreased many folds doing value betting in last 4 years.
Value betting is just another form of a strategy which will eventually burst. You just need 10-15 losing games in a row and voila........... your value betting strategy bursts. To give you an example, Steve is a blogger from Australia who boosted he never had losing year in 1st 5 years doing value betting. What happened in 6th year???? He lose quite a lot came back where he started. His blog URL is
http://www.daily25.com/july-august-2...view-61530-00/
So you really want to do value betting for 1 year, 2 year or 3 years with success but then eventually you will go burst and lose everything what you made in last few years???? I leave this question for you to decide that you really want to waste your life doing value betting and then losing all fortune suddenly??
I know many people will disagree from this post but I challenged them to show me their returns and show me how they are travelling in private jets, driving Ferraris and having a harem full of different nationalities.