So no one knows why fatter tires grip better. Could it be that bumps in the surface of the rubber grip better with the bumpy surface of the road when there are more of both in contact?
		
		
	 
Hey, why not?
Friction doesn't increase, but the capacity of the tire to resist the same amount of friction without surface failure does increase.  Why?  Essentially, because there's more tire!  Same amount of friction, more tire (strength) to withstand that friction.  See?
Its been a while since physics, so forgive any technical gaffes, especially terminology...
While friction is never directly dependent upon surface area, in this particular application, surface area matters because it is the most practical and advantageous of only a very limited number of ways to influence per unit of area pressure.
This question really boils down to the 'strength' of the tire composition and the capacity of any given portion of the tire's surface to withstand resistance before failing (wear).  Loss of traction [assuming dry pavement, a layer of water or other intervening substrate changes everything] manifests in a thin layer of tire being stripped away (surface failure) by brute force.
The road's surface may also fail under stress, but since roads are stronger than rubber, we will assume that all failures are at the tire level, not the pavement level, which is generally the case in reality, anyway (though not always).
If you have a small contact area, pressure is distributed over a smaller area resulting in increased pressure per any given unit of contact area.  This increases the burden that any given portion of the tire's contact area must support.  The reverse occurs with a larger contact area, pressure is distributed over a greater contact area, resulting in reduced pressure per unit of contact area.  This reduces the burden that any given portion of the tire's contact area must support.
If the pressure per unit of area exceeds that area's ability to withstand it (strength), the tire surface in that area fails, enabling the tire to spin.
There are also at least two other factors that come into play which dictate that larger tires result (not "give" but result) in better traction.  One deals with the uniformity of the surfaces, or rather the non-uniformity of the surfaces, and how a larger contact area enhances uniformity.
The other deals with leverage, because this is an application that involves torque rather than a linear application of force, but I don't really feel comfortable getting into either because A. I'm not too sure I can get it substantially correct to avoid giving the technical nit-pickers a lot to do, and B. I'm not all that sure I even understand it.  
