Waters broke at 33 weeks

Hi all, my waters broke last night. I am 33 weeks and I am in hospital now where they will monitor me for 24 hours. I may not go into labour which will result in me going home and take antibiotics for a few days with the hope to reach 37 weeks. If at 37 weeks the baby is not here yet, they will induce me. I am very worried that the lack of water may affect the baby! They broke last night with a splash and I am still leaking now after 10 hours!! Has anyone gone through this and the baby is okay? I am worried that without water she will suffer or experience lack of oxygen...Anyone gone through this?

Thanks