Phil Taylor may have been surprisingly dumped out of the Ladbrokes.com World Darts Championship at the quarter-final stage last year, but that has not prevented him being installed as the favourite to regain his title.
Taylor was a beaten odds-on shot in the Ladbrokes World Darts Championship odds last year and punters may now have learnt their lesson.
Instead of being the 4/9 favourite to win a 16th title this year, Taylor is priced at 6/4 to head the betting market.
Taylor will arrive at Alexandra Palace in good form, with three big victories to his name already this year.
These arrived at the Players Championship Finals, the World Matchplay and the Euopean Championship.
After Mark Webster got the better of Taylor, it was down to Adrian Lewis to win the Ladbrokes.com World Darts Championship as he beat Gary Anderson in the final.
Both will be well supported to go well again, with Anderson arguably being the form player of 2011, especially after his big-money success in the Premier League of Darts.
Anderson follows Taylor in the darts betting at 11/2, with defending champion Lewis the third favourite at 8/1.
Aside from Taylor and Anderson, James Wade is the only other player to have other triumphed in the Premier League of Darts and he is also 8/1 to win the Alexandra Palace title for the first time.
Raymond van Barneveld has previously tasted success when beating Taylor in a legendary final 7-6 in 2007 and he can be backed at 14/1 to secure victory again.
Further down the betting, players that are potentially worth keeping an eye out for at long prices to spring some surprises are Paul Nicholson at 33/1, Dave Chisnall at 50/1 and Jelle Klassen at 125/1 and 200/1 chance Joe Cullen.