Eloy Vargas (born December 30, 1988) is a Dominican professional basketball player for Trotamundos de Carabobo of the SPB.

He started his collegiate basketball career at Florida, and finished it at Kentucky, and represents the Dominican national team in international competition.

On August 24, 2012, Vargas signed a two-year deal with CB Clavijo of the LEB Oro.

On November 1, 2014, Vargas was selected by the Los Angeles D-Fenders with the 17th overall pick in the 2014 NBA Development League Draft.

[6] In April 2015, he signed with Vaqueros de Bayamón of the Puerto Rican Baloncesto Superior Nacional.