The competition started in the 1971-72 due to the high volume of teams competing in the Greek Football Cup .

Players like Giorgos Karagounis, Vasilis Dimitriadis, Sakis Tsiolis, Angelos Basinas, Kostas Chalkias, Giannis Goumas, Babis Tennes, Kostas Orfanos, Nikos Soultanidis have played in second stage or the final of the competition (panhellenic), while numerous later-well known players who started their careers from lower leagues featured in the first stage (prefectures).

The second stage featured the prefectures' Cup winners in knock-out rounds culminating with a single final.The reserve teams of top clubs were also eligible to participate.

Panathinaikos, PAOK and Aris Thessaloniki reserve (or called amateur) teams reached the final of the Cup on three occasions.

The majority of the teams who won the Cup were playing in the 4th or 5th tier including clubs with Greek top-flight history like Niki Volos, Kerkyra and Veria.