Nevertheless, there is a £100,000 first prize for the winner of the men’s tournament, with 32 players hoping to get their hands on a life-changing amount of money and Martin Adams could be the man to beat once again.
Wolfie has dominated this tournament in recent years, claiming his first title in 2007 when narrowly beating Phill Nixon before victories in 2010 and 2011 against Dave Chisnall and Dean Winstanley respectively.
Can Adams complete a hat-trick of consecutive titles? Bet365 (£200 free bets) are one of the few firms to offer 4/1 about the 55-year-old who opens his campaign against Scott Mitchell this weekend.
Winstanley did himself proud twelve months ago when reaching the final and the 30-year-old could be the latest player to drift across to the PDC after this tournament, with Over The Top available at odds of 11/2 (Ladbrokes – £50 free betting) to go one better than last year.
Scott Waites is the other player among the favourites and the second seed clearly has the ability to claim a first world title at Frimley Green over the next week. He looked the part when beating Ted Hankey in the first round last year before losing to Stephen Bunting. However, he has since won the 2011 World Masters in Hull.
Next in the betting come a couple of familiar names, namely Ted Hankey and Tony O’Shea. These two players contested the 2009 final which was eventually won by the Count and he is 14/1 to claim a second title, while Silverback can be backed at odds of 18/1.
In addition to tournament winner, the bookmakers will be offering match betting on the 2012 BDO World Championship including In-Play markets so that you can bet on the various legs and sets that take place.
Some bookies are also offering odds on whether there will be a 9-dart finish, with bet365 offering odds of 7/1 that someone manages a feat which didn’t happen at the 2012 PDC World Championship.