Originally posted on 10/03/2016:

And also, where are the value bettors who are successful? I never came across any successful value bettor.
Very few who succeed will talk about the specifics, because of the fear of giving away an edge.

There are a few famous types like Alan Woods, and indeed the founders of Pinnacle. However, there a much larger number of people making an ordinary living out of it, no great riches but paying the bills. I know about a dozen or so in Britain - there are a lot here because of no taxation on gambling income, and easy access to lots of books (although that's changed a bit in the last couple of years).


Here's something to think about: Pinnacle exists because of those sharp players. It's how their prices are refined, and absolutely fundamental to their business. They, along with SBO and IBC, allow the sharps (aka value bettors) to bet as much as they like. By contrast, the very definition of a recreational book is that value players are limited/banned as soon as possible.