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The best of the new internet speak. Ownedizzled is to not only own someone but to have the general consensus that he got owned. To be said in a black way it is a mocking term to laugh at someone who did something stupid or got shown to be a moron by their better who then is allowed to say "ownedizzled" repeatedly until the loser commits suicide in a fit of self-depression and self-loathing
teh player: Dude i just shot that guy in the face and he's supposed to be good

teh other guy: Dude, he just got ownedizzled!

teh loser: ...no i didn't!!!!111one!!13!!1
by Mace March 23, 2006