Hi Puntz,
You are correct ,that`s what would have to happen .

One keeps going along until at some stage that they are in profit.
You may note that there is no claim of being in profit once only one winner is struck ,it relies on a series of winners ,within the 26 bets as one goes up the ladder ,win loose or draw, until in front.

I was only suggesting to back Mules of some value e.g.$3.20 as to avoid betting odds on Mules.

It controls the bet oulay a bit more but patience is required with this one ,to show a profit.
At the end of the day ,one has to strike the winners, like all staking plans.