[6] It was also the final tournament in the season's BetVictor Series, which carried a £150,000 bonus for the player who won the most cumulative prize money across its eight events.

Joe Perry was the defending champion, having defeated Judd Trump 9–5 in the 2022 final,[8] but he lost 1–4 to Robbie Williams in the last 32.

[9] Robert Milkins defeated Shaun Murphy 9–7 in the final to win his second ranking title, and also secured the BetVictor Series bonus, having won cumulative prize money of £127,000 across the eight tournaments.

Murphy made back-to-back breaks of 145 and 147, the highest of the tournament, in the second and third frames of his last-16 match against Daniel Wells.

[11] The breakdown of prize money for this event is shown below:[12] Qualification for the tournament took place from 11 to 13 January 2023 at the Metrodome in Barnsley, England.