There will be a total prize pot of £200,000 with the winner taking home £30,000.
Here is the full breakdown:
Winner: £30,000
Runner-up: £15,000
Semi-finalists: £9,500
Quarter-finalists: £6,000
Last-16: £4,000
Last 32: £2,000
Last 64: £1,000
Last 128: £500
Pool fans will be glued to their screens as some of the biggest names in the sport lock horns to nab the prestigious title and a life-changing prize pot.
The competition will take place at Hotel Esperanto in the German city of Fulda from August 6-11.
The European Open sees the World Nineball Tour’s 128 professional players seeded among a 256-man field fighting to become the victor on Sunday.