Richard Eng
Anyone involved in the business of gambling should have watched ''60 Minutes'' on Sunday for its feature on successful Las Vegas gambler Billy Walters. Look up the phrase ''luck is the residue of design'' and you'll see Walters' face. He wins big because he understands odds and does his homework.
Walters was shown doing what he does best: betting on sports. He also mentioned playing craps and poker.
But he never mentioned betting on horse racing, which should have made industry officials cringe.