Vermonters Couldn't Wager on Mike TysonJake Paul Fight
Dec 04, 2024
Last month's much-hyped boxing match between former heavyweight champ Mike Tyson and YouTube dude Jake Paul was the most wagered-on fight since sports betting was legalized. But none of those bets were legally placed in Vermont. That's because the state, which has allowed sports wagering since last January, prohibited wagering on the contest. New York State, Pennsylvania and Colorado were among those that did the same. The decision, according to Josh Sumner, Vermont's director of sports wagering and contract compliance, "was centered around the rule changes that were made in order to allow the fight to happen," which meant it was "largely viewed as an untraditional boxing match." Among the oddities: Paul is a 27-year-old influencer-turned-boxer who's only had one match with an active professional fighter. Tyson is 58 and far from the feared pugilist once known for his fierceness in the ring. Also, the fight had eight two-minute rounds instead of the three-minute rounds that are called for in the official rules of boxing. Further, Sumner said, the fighters used heavier gloves: 14 ounces instead of 10-ounce ones. The format and changes made the spectacle a "stand-alone entertainment match, rather than a traditional boxing event," Sumner said. "The fight was not between two professional boxers, but rather one (Tyson) who came out of his long-term retirement specifically for this match," Sumner said in an email. "These circumstances lead us to view this as an exhibition match. If you saw the fight, it was clear that this was an entertainment event." Vermont has a 10-page "catalog of approved events for sports wagering" that includes entities such as the Chinese Professional Baseball League, Olympic sports and even the World Curling Tour. But Vermonters can't place bets on big horse races such as the Kentucky Derby. The state bans wagering on events that involve the competitive use of animals, according to Sumner. Regardless, Vermonters are still putting plenty on the line: nearly $156 million in legal sports bets as of the end of October. That's earned the state nearly $5.2 million in revenue, data show. The original print version of this article was headlined "House Rules" …