Although not a ranking event, the Masters represents one of snooker's Triple Crown events.
Pre-dating the UK Championship by two years and hosting the 16 best players in the world, the Masters has long been one of snooker's most illustrious events.
Find out the most successful players in the tournament's history below.
The joint-most successful player in World Championship history and the most successful player in UK Championship history, it comes as no surprise to see Ronnie O'Sullivan top the list of most successful players in Masters history.
Preferring the shorter format the Masters offers, while being played in his native London, O'Sullivan won a first title in 1995, following up with more wins in 2005, 2007, 2009, 2014, 2016, 2017 and 2024.
Winning a first title in 1989, Stephen Hendry won the first of five straight Masters crowns, beating John Parrott three times in four years, then beating Ronnie O'Sullivan in 1996.
Although his game is perhaps better suited to the longer Crucible format, only two players in snooker history have more Masters titles than Mark Selby.
Winning a first title in 2008, Selby beat Ronnie O'Sullivan in 2010, winning a third title against Neil Robertson in 2013.
Forever remembered as the first player to make a maximum at the Crucible, Canadian Cliff Thorburn also won three Masters titles between 1983 and 1986.
Despite winning a combined 13 titles at the World and UK Championships, Steve Davis was limited to just three Masters titles, failing to make any other finals, lifting the trophy in 1982, 1988 and 1997.
Reaching three finals between 2001 and 2004, Paul Hunter won all three, and needed deciding frames in each.
Tragically losing his battle with cancer in 2006, the Masters trophy was renamed the Paul Hunter Trophy in 2016.