Michael van Gerwen is now 1/2 with sponsors William Hill to lift the Sid Waddell Trophy on New Year's Day following the confirmation of the semi-final line-up at Alexandra Palace.

Van Gerwen is bidding to retain the World Championship title and win darts' biggest event for a fourth time after progressing to the last four alongside Gerwyn Price, Peter Wright and Nathan Aspinall.

The Dutchman is 1/2 to claim glory on New Year's Day and is a heavy 1/7 favourite to win his semi-final against Aspinall - who is 9/2 to win the game and 14/1 to lift the title.

Price remains the second favourite and is now 7/2 to add the World Championship to his two Grand Slam of Darts titles, and is the 4/7 favourite to win his semi-final with Wright.

2014 World Championship finalist Wright is the 11/8 outsider in his semi-final and is 7/1 to be crowned as World Champion on New Year's Day.

William Hill World Darts Championship Odds
Semi-Final Match Odds

11/8 Peter Wright v 4/7 Gerwyn Price
1/7 Michael van Gerwen v 9/2 Nathan Aspinall

Outright Winner Odds
1/2 Michael van Gerwen
7/2 Gerwyn Price
7/1 Peter Wright
14/1 Nathan Aspinall

Odds courtesy www.williamhill.com and correct at time of writing. Subject to fluctuation.