Snooker's most prestigious invitational event - The Masters - gets underway at its' new home on January 15 with the world's top 16 all battling for the title.

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The £500,000 event leaves Wembley for the Alexandra Palace for eight days of top quality snooker.

Ding Junhui is the defending champion but will face stiff competition from arguably the most evenly matched field ever.

All matches up to and including the Semi-Finals will be played over the best of 11 frames, with the final best of 19 frames.

Masters 2012 order of play
First Round

Sunday January 15
1.30pm Ding Junhui 4-6 Ronnie O'Sullivan
7.00pm Mark Williams 6-4 Stephen Maguire

Monday January 16
12.30pm Judd Trump 6-3 Stuart Bingham
7.00pm Shaun Murphy 6-2 Martin Gould

Tuesday January 17
12.30pm John Higgins 6-2 Matthew Stevens
7.00pm Neil Robertson 6-3 Mark Allen

Wednesday January 18
12.30pm Mark Selby 6-4 Stephen Lee
7.00pm Ali Carter 3-6 Graeme Dott

Quarter-Finals

Thursday January 19
12.30pm Ronnie O'Sullivan 2-6 Judd Trump
7.00pm Graeme Dott 3-6 John Higgins

Friday January 20
12.30pm Mark Williams 4-6 Neil Robertson
7.00pm Mark Selby 2-6 Shaun Murphy

Semi-Finals

Saturday January 21
1pm Judd Trump 3-6 Neil Robertson

7pm Shaun Murphy 6-4 John Higgins

Sunday January 22

Final 2pm & 8pm

Neil Robertson 5-3 Shaun Murphy (latest)

Prize Fund
Winner: £150,000
Runner-up: £75,000
Semi-finals: £30,000
Quarter-finals: £20,000
Last 16: £15,000
High break: £15,000 - currently Ronnie O'Sullivan (141)
Total: £500,000