Since 1993 the sport of darts has been split into two separate organisations, the British Darts Organisation (BDO) and the Professional Darts Corporation (PDC). Both bodies organise their own World Championship over the Christmas/New Year period and, as a result, there is no longer a unified World Champion in the game. PDC Darts Betting (live on Sky Sports) is now a very popular pastime for punters while BDO Darts Odds (live on BBC) are also starting to take off. Increased media coverage of the sport has led to darts betting becoming one of the fastest growing mediums in the industry.

Both organisations hold other professional tournaments. The BDO organise the World Masters and many Open tournaments. They also organise county darts for their 66 county members in the UK including individual and team events.

The PDC's major tournaments are the World Championship, Premier League, UK Open, Las Vegas Desert Classic, World Matchplay and the World Grand Prix. Of these, Premier League darts betting is the biggest due to the high quality of the field and mass exposure from Sky. All of the events listed are broadcast live on Sky Sports and will be major betting events with all leading bookmakers providing darts odds. They also hold PDC Pro Tour events and smaller category events around the UK. As of 2007 the PDC have introduced two new televised major tournaments - the US Open (to be broadcast on Challenge TV) and the Grand Slam of Darts (to be screened on ITV).

Two Dutch independently organised major tournaments, the International Darts League and the World Darts Trophy introduced a mix of BDO and PDC players in 2006 and 2007. Both organisations allocated rankings to the tournaments, but these two events are now discontinued.

The WDF World Cup for national teams and a singles tournament has been played biennially since 1977. The WDF also organise the Europe Cup.