Boxing has a problem - a big one. Think of it as a monster that's hiding under the bed. Eventually, the monster is going to come out and take a big chunk out of the sport. Fighters, trainers, managers, promoters, even government regulators can legally bet on fights. They can also bet on fights they're involved with.

Marciano was an idol in a simpler era, when professional athletes were heroes and sportswriters were complicit in building legends rather than exposing them. To the public, all that really mattered was that Rocky had 49 wins in 49 fights and retired in 1956 as the undefeated heavyweight champion of the world.

Betting by insiders has a corrosive effect. It breeds suspicion, adds to the appearance of corruption, invites more corruption, and, in a sport like boxing, puts lives at risk.

Thomas Hauser Quotes