The Irish Professional Championship was first staged in 1947 in Northern Ireland, and Jackie Rea became the inaugural champion.

Rea won the championship every year but one until 1972, when he was beaten 28–12 by Alex Higgins.

During this time the tournament was only sponsored in 1978 by Benson & Hedges and in 1979 by Smithwicks Brewery.

Higgins and Taylor won nine titles between them, and their run of success in the championship was interrupted only by Jack McLaughlin, in 1988.

When Joe Swail and Jason Prince contested the 1992 final, it was the first time in over 20 years it featured neither Higgins or Taylor.