Do public money really overcome sharp money?

[sirio11]

Obviously there are too many people in between, but just for the sake of the argument lets divide the betting population in sharps and squares.

Does the fact that there are way too many squares really out weights the money placed by the sharps?

There are too many squares, but sharps (on average) bet way more than a square, sure there are some whales here and there, but I guess for every whale there are several sharps betting those huge amounts of money. And regular sharps bet way too much (and more often) than regular (casual) bettors.

What's your take on this? And how this affect (if some at all) your sports betting strategy?