To allow all domain except one:
RewriteCond %{HTTP_REFERER} ^http://(www\.)?offendinddomain\.com/$ [NC]
RewriteRule \.(gif|jpg|png)$ http://example.com/hotlink.png [R,L]
This will prevent holinking from the domain offendingdomain.com and serve the image from example.com instead.
Prevent more than one domain:
RewriteCond %{HTTP_REFERER} ^http://(www\.)?offendinddomain\.com/$ [NC,OR]
RewriteCond %{HTTP_REFERER} ^http://(www\.)?offendinddomain2\.com/ [NC]
RewriteRule \.(gif|jpg|png)$ http://example.com/hotlink.png [R,L]
This will prevent hotlinking from the 2 offendind domains, if you need more just duplicate the second line.
Block all:
RewriteEngine on
RewriteCond %{HTTP_REFERER} !^$
RewriteCond %{HTTP_REFERER} !^https?://(www\.)?yourdomain\.com/.*$ [NC]
RewriteRule .*\.(gif|jpe?g|png)$ http://example.com/hotlink.png [R,NC,L]
This will block all hotlinking and and serve the image from example.com instead.
NOTE: Be carefull not to rewrite to a image in the same domain as yours or you could create a redirect loop.