Grand Prix winner Neil Robertson won the tournament, defeating 500–1 outsider Andrew Higginson, who was in only his third appearance in the main stages of a professional competition, nine frames to eight (9–8) in the final.

Robertson won against Michael Holt and world champions Stephen Hendry, Ronnie O'Sullivan and Steve Davis en route to the final.

The Welsh Open began as a ranking tournament in 1992 initially in February, occurring after the Masters, but later replaced the Classic in January.

It was the fifth of seven World Professional Billiards and Snooker Association (WPBSA) ranking competitions in the 2006/2007 season, following the Malta Cup and preceding the China Open.

[2] Held between January and February, the Malta Cup was won by 2005 world champion Shaun Murphy, who defeated Ryan Day by nine frames to four (9–4) in the final.

"[7] The qualifying rounds were played to the best-of-nine frames between players ranked lower than 32 for one of 16 places in the final stage, at Pontin's Snooker Centre, Prestatyn, Wales from 6 to 8 January 2007.

[8] The successful qualifiers included the 1991 world champion John Parrott, Andrew Higginson, Ricky Walden and Ben Woollaston.

[5] In this round Joe Perry came from 2–1 behind with a break of 127 in frame five to defeat Parrott 5–2 after the latter missed a straightforward red ball shot in frame seven, Gerard Greene whitewashed Mark King 5–0, David Gilbert won 5–1 over James Wattana,[9] and Joe Swail defeated Adrian Gunnell by the same scoreline.

[2] Woollaston took a surprise 5–1 victory over David Gray as the former World Championship semi-finalist Andy Hicks lost 4–5 to Dave Harold.

[10] The two-time Welsh Open runner-up Alan McManus compiled a breaks of 113 and runs of 71 and 54 to defeat Rod Lawler 5–2, bemoaning afterwards of the lack of an audience in the arena because he felt more comfortable playing in front of a larger crowd.

[9] Michael Holt achieved breaks of 131, 104 and 115 in defeating Ricky Walden 5–4,[10] as the former World Amateur Champion Ian Preece was whitewashed 5–0 by Mark Selby.

[13] World number 54 Jamie Burnett made a match-high break of 43 en route to winning 5–3 against Robert Milkins.

[13] Provisional world number 36 Ian McCulloch trailed Allen 4–2 but breaks of 72, 47 and 74 gave him a 5–4 victory, although he said after the match that he was disappointed with his performance.

[13][14] Afterwards, Stevens said he was angry with the WPBSA because he had been refused dispensation to remove his bow tie as he was ill with flu, which affected his vision and balance.

[14] Stephen Maguire achieved breaks of 121, 83 and 111 en route to whitewashing his compatriot McManus 5–0 in a match that ran for just over 90 minutes.

[23] Coming from 3–1 behind at the mid-session interval Hamilton rallied to tie the match at 3–3 until Perry won the eighth frame on the pink ball.

[23] Dott compiled a match-winning break of 114 for a 5–3 victory against Greene and the six-time world champion Steve Davis whitewashed Gilbert 5–0.

[27][28] Robertson said after the match, "This is first time since then I've had that really hungry attitude back", and Hendry praised his opponent for his performance during the eighth frame.

Davis took advantage of three errors from Hamilton to complete the match and claim victory with a clearance from the green to pink balls in the final frame decider.

[36] After the match, Robertson spoke of his run into the final that saw him defeat three world champions, "They've won lots of times at the Crucible and countless other tournaments as well so you could say it's been a big week for me, scalping wise.

"[37] The other semi-final game saw Higginson become the first unranked player to enter the final of a ranking tournament since Terry Griffiths in the 1979 World Snooker Championship with his defeat over Maguire by the same scoreline.

[38][39] Afterwards, Higginson called it "a dream, totally surreal" and said he would benefit from the ranking points, prize money and the additional experience, "This is unbelievable.

[40] The pre-final favourite to win the tournament was Robertson,[41][42] while his opponent Higginson was a 500–1 outsider in his third appearance in the main stages of a professional competition.

[45] After the match, Robertson praised Higginson's performance and said he had to remain patient and believe in himself despite feeling anxious, "It was just a matter of getting a chance and thankfully I got it.

[47] He joined Cliff Thorburn, James Wattana and Ding Junhui as the fourth non-British or Irish player in history to win more than one career ranking competition.

[48] The event, according to Phil Yates of The Times, would be remembered for Higginson's performance and praised him for "greatly enhancing the tournament by so nearly defying ante-post odds of 500–1.