I've offered my opponent a draw, and am waiting for his response. I noticed that my clock continues to count down (on line chess).  What happens if he doesn't respond in the alloted time (3 days)?  Is it counted as my loss?

Mike

you still have to move you offer the draw on your opponents turn

Be careful, your opponent might be a cowboy with a gun!

I believe a draw offer has to accompanied by a move by you. If you just offered the draw without moving, you might be heading for a time-forfeit

Glad I asked, I thought the draw offer was my move.  Caught it in time 

good luck to you

Is that actually a rule?  I once OTB offered a draw to my opponent on my turn (I thought it was a drawn position so thought it was fair enough to offer the draw.)  I thought the only thing was that your opponent could request that you made your move before accepting or rejecting the draw, but I certainly know of no rule saying you HAVE to make your move first and then make the draw offer. 

In any case my opponent didn't request that I made my move first, we just agreed a draw as we agreed that the game was going nowhere. 

USCF RULE:

Draws – If you want to offer a draw to your opponent, you should do so after you make a move but before

you start your opponent’s clock. Your opponent may decline the draw by saying so or by moving a piece. A

draw offer is valid until it is turned down by the opponent. If both players agree to a draw, then the game is over

regardless of previous checkmate, stalemate or illegal positions.