Valcho Kamarashev was born on 12 September 1937 in Vidin. He graduated in Acting from the National Academy for Theatre and Film Arts in 1959. He worked as an actor at the Drama Theatre in Burgas for three years, then was part of the company of the Drama Theatre in Pernik for two years, and in Russe for another two years. He worked for almost 20 years at the Tear and Laughter Theatre in Sofia and for 15 years at the Bulgarian Army Theatre in the capital city. He has acted in almost 60 films, including Doomed Souls (1975), Villa Zone (1975), All Is Love (1979), The Racket (1982), I, The Countess (1989), and The Lot (1993). In 2000 he won the Best Actor Award of the Union of Bulgarian Actors.