Dustin Hoffman Dustin Hoffman

Two-time Oscar winner Dustin Hoffman has been cast as the lead in HBO's drama pilot, Luck, the network announced on Monday.

Luck looks at gambling and the gritty world of horseracing through the eyes of several characters. Hoffman (The Graduate, Meet the Fockers) will play a tough, intelligent man in his late 60s who has just served a four-year prison sentence.

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Hoffman, who won best actor Academy Awards for Rain Man and Kramer vs. Kramer, joins Dennis Farina and John Ortiz in the series, which is executive produced by Michael Mann, David Milch, Carolyn Strauss and Henry Bronchtein.