He has worked with Bill Benter and Zeljko Ranogajec during his career and "pioneered quantitative gambling by betting on Hong Kong horse races".
Woods was not exposed to gambling in his youth and played solo whist with his family.
He studied mathematics at the University of New England, in Armidale but dropped out his final year before graduating.
Unlike in poker and solo, Woods was generally losing betting on horses and developed a gambling habit.
[5] Woods was introduced to card counting in blackjack from his fellow bridge players.
He moved to Las Vegas where he won an additional $100,000 playing blackjack around the clock.