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OTRC: Dustin Hoffman series 'Luck' renewed for a second season

Dustin Hoffman appears in a scene from the HBO' series 'Luck.' (HBO)

Dustin Hoffman will be playing Chester "Ace" Bernstein for another season.

The HBO series "Luck," which stars Hoffman as Bernstein, has been renewed for a second season, according to The Hollywood Reporter.

The series premiered on January 29 to 3.3 million viewers. The second season will debut in January 2013 and will have 10 episodes for the season.

"We couldn't be more thrilled with the critical response to this beautiful piece of work," HBO programming president Michael Lombardo said in a statement to the industry paper on January 31. "We are very excited about where David and Michael plan to take these incredible characters."

The series is based on "NYPD Blue" and "Deadwood" screenwriter and producer David Milch's experience gambling and accompanying his father to a Sarasota Springs, NY racetrack from the tender age of 6.

Hoffman stars as the mobster Bernstein, who has just been released after three years in prison. Nick Nolte will portray Walter Smith, a former trainer who now owns what he hopes will be a winning horse.

When asked why he decided to take the television role, Hoffman told OnTheRedCarpet.com recently, "One, Michael Mann was the executive director and I had been an admirer of his work and we worked together way back in the 70s."

The 74-year-old actor added the network also played a role in his decision. "HBO is extraordinary because once they say yes they back off and leave the creators to do what they will," he said.

It is the first recurring television role for Hoffman. Watch a preview of "Luck" below.

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