Notwithstanding the minimum reserve requirements established for wagering accounts pursuant to this part, each book shall comply with the following to calculate the minimum reserve requirements:

1. (1) Each book shall at all times maintain a reserve of not less than the greater of twenty-five thousand dollars ($25,000) or the sum of the following amounts:

   1. (A) Amounts held by the book for the account of patrons;
   2. (B) Amounts accepted by the book as wagers on contingencies whose outcomes have not been determined; and
   3. (C) Amounts owed but unpaid by the book on winning wagers through the period established by the book for honoring winning wagers; and

2. (2)

   1. (A) Before beginning operations, each newly licensed book must establish a reserve of at least the greater of twenty-five thousand dollars ($25,000) or the amount the Arkansas Racing Commission projects will at least equal the sum of the amounts specified in subdivisions (1)(A) – (C) of this section at the end of the first week of the book’s operation.
   2. (B) After the book begins operations, the book’s reserve must comply with this section.