‘The Power’ was a couple of sets down to the talented Dutchman before defying in-play odds of 10/3 to roar back and beat the 23-year-old 7-4 at Alexandra Palace.
Taylor’s triumph was his 16th in total and Ladbrokes now offer 50/1 about him scooping the game’s top prize twenty times or more while they also make van Gerwen 5/2 second favourite to emerge victorious in next year’s tournament.
Alex Donohue of Ladbrokes told Betrescue: “Taylor defied the in-play odds in legendary fashion. The bigger his odds got the more money we took and not for the first time he’s hit us for six.”
He added: “Turnover records were smashed during this tournament. Interest is at an all time high and win or lose we’re proud to be involved.”
Ladbrokes latest betting
2014 Ladbrokes World Darts Championship winner
Phil Taylor 9/4
Michael van Gerwen 5/2
Phil Taylor to win the Ladbrokes World Darts Championship twenty or more times in his career 50/1
Phil Taylor to win SPOTY 2013 25/1