I understand it's far more nuanced than this. But is it a good rule of thumb that in the past (especially first 50 years of the 20th century) gambling was more prominent—ran by the mob, maybe?—thus creating a bigger market for competitive bouts to bet big on? Thanks.
possibility I honestly feel the path to success has become wider and more varied. 17 weights with 4 or so world champs really dilutes the sport I mean a guy winning 3 titles at 3 weights was unprecedented that was for guys like Armstrong and Arguello. Now a guy like Broner does it its so easy for fighters to avoid the best. 1 title and 8-10 weights would force these guys to face each other current hwt division has parker vs ruiz jr for the WBO title and a fight like Joshua vs Martin for the IBF belt and stuff like that. In the 60's or 70's that was a fight to get into the top 10 or move toward a title fight while a title fight would be between say Wilder and Joshua while Parker and Ruiz would be fighting to crack the top 5 and still maybe require a win over a guy like a Povetkin or a recently beaten Klitschko to earn the big fight
That's right. Now add the second part of the equation---once a champ you have to defend against those guys. Sure is convenient in modern times when title holders are not recognized by the other organizations.