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.
af hipster 28. februar 2004
2 more definitions
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.
af Dances With Peons 29. september 2010
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
af Ninja Kid 10. november 2004