A variation of the phrase ‘YOLO’, meaning you only write the exam once. Works best when tempted to do something fun that would distract one from their studies. Even more effective when used by Asians.
Friend 1: hey want to go hit the club?
Friend 2: naw bro, because YOWTEO.
Friend 1: I was thinking of getting high, wanna join me?
Friend 2: BITCH you hella cray. YOWTEO! Maybe some other time.