Interesting post. Let's do a little math...
Casablanca associated 2 accounts with Areeff. There were two $1000 winners @+605 for a total payout of $12100. Casablanca 1st "final" offer was $1500 each = $3000 total. This is just under 25-cents on the dollar.
The new settlement (final because Areeff accepted) is two $1000 bets @+435 (the price at Pinnacle) for a total of $8700 (almost 72-cents on the dollar).
When I was in school, a 72 was a D-
However, since Pinnacle is a much more respected book than Casablanca will ever be (even in Dave Johnson's wet-dreams), the use of the +435 line is not unreasonable. Not ideal either, but just not unreasonable.
I hope that once Dave has a definition of "bad line" on his site, he will include a list of "established" sportsbooks, like Pinnacle, Casacade, Olympic, etc.
Also, once the list is complete, a copy should be posted by Shrink to this forum, so that Dave can't alter his webpage if he gets hits near a borderline value in the future.
Just so he doesn't think I'm picking on him, I think that any other sportsbooks establishing similar policies should post their rules to this forum as well. It's too easy to edit a webpage and alter a rule when no one is looking.