Definitions by Black Revenged

OLOY 

A reverse acronym for the term YOLO. Defined as "Only Losers Obey Yolo"

Friend: "Dude, I found a needle full of heroine. YOLO!"
Me: "No dumbass, OLOY, the damn things beened used already.

OLOY by Black Revenged July 4, 2012