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I think hard to use because it is JAVA.
try to use broker who offer MetaTrader.
Metatrade has:
Own Indicator
Own
Own Lang.Program "Mq4"
Own
and is so easy to use and user friendly.
If you "lay" against a win bet actually be slightly ahead over a period of time (as generally win less than 50% of the time), with a few excellent "laugh all the way to the bank" days and some where wished never heard of it lose so much. In the States the area where your technique would be successful would be in Maiden races, where typically the odds-on status is pipedream as all horses in such a field are mediocre as they have never won; but in stakes and Derby races it would be treacherous for you to pursue as the handicapping is generally more thorough and an odds-on Favourite in such a case is more likely justified.
But if you are laying odds to Place, that is a losing proposition over time. Just from my own statistical analysis on U.S. tracks I can tell you that odds-on Favourites come in at least third 90% of the time. In most larger fields (as would be typical in the UK rather than in some U.S. tracks) it is the horses with the lowest odds at race-time plus those that are the heaviest underlays (or are bet the most) that generally outperform. Of course keeping an even bet is the only way to go, as by risking a larger bet at the wrong time could destroy the profits from several past successful bets.
My analysis is predicated on the horse being odds-on at Post time and not by the line before race-time; that is because if the odds go up the horse is much less likely to win, unlike longshots when a lot of unexpected things can happen and consequently a lot of longshots can win after they have been neglected by the public – especially sweet to your system when they just edge out that odds-on Favourite!