We study contact structures compatible with genus one open book decompositions with one boundary component. Any monodromy for such an open book can be written as a product of Dehn twists around dual nonseparating curves in the once punctured torus. Given such a product, we supply an algorithm to determine whether the corresponding contact structure is tight or overtwisted for all but a small family of reducible monodromies. We rely on Ozsvdth-Szabo Heegaard Floer homology in our construction and, in particular, we completely identify the L-spaces with genus one, one boundary component, pseudo-Anosov open book decompositions. Lastly, we reveal a new infinite family of hyperbolic three-manifolds with no co-orientable taut foliations, extending the family discovered by Roberts, Shareshian, and Stein in [24].