The competition began in 1995,[2] known as the Dutch Grand Masters with Raymond van Barneveld and Francis Hoenselaar winning their first major tournament.

Following a growth in popularity in darts in the Netherlands because of the great success of players such as Raymond van Barneveld the event returned in 2000.

[4] The event was later cancelled, due to lack of sponsorship, but was revived later that year when the tournament venue, the Hotel Zuidenduin, stepped in to sponsor the tournament signing a five-year contract until 2012, and it was branded the Zuiderduin Masters.

[2] Finder, an international operating company, took over the naming rights to the tournament from the 2015 edition onwards.

Qualification is determined from the top 16 players from the Zuiderduin Masters ranking table, which is separate from the BDO/WDF World Rankings, as well four players from the International Darts Tour of the Lowlands (IDTL) before its collapse in 2010/2011, and the winner of the Netherlands Champions League of Darts, plus 3 wild cards.

The top player from each group advance to the quarter-finals, which is played in set format through to the final.

[2][5] Following the tournament's inception as a ranking event in 2008, a women's competition was installed with an eight-player field, made up from the top five players in the Zuiderduin Masters rankings, an IDTL qualifier before its collapse, the NDB Champions League of Darts winner and a wildcard.

The tournament has been held at the Hotel Zuiderduin in Egmond aan Zee since 2001.