Top Definition
an expression meaning a situation in which one factor alone can change or cancel out everything
When Janine is around Corey, all bets are off...the poor dude just can't be himself anymore.
автор: hipster 28 февраля 2004

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The situation has drastically changed. Any guarantees, implications, or assumptions regarding its outcome no longer apply.
The car should run OK. If you wanna race it, though, all bets are off.
автор: Dances With Peons 29 сентября 2010

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The name of a kick ass band where the drummer is a douche bag (Jon)
All Bets are Off kick major ass, except for their douche drummer
автор: Ninja Kid 10 ноября 2004

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