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Masters tournaments, often referred to as "Masters Series" or "Masters 1000" in the context of tennis, are a series of elite tennis tournaments held annually. These tournaments are part of the ATP Tour and WTA Tour, the professional men's and women's tennis circuits, respectively. The Masters Series is a subset of these tournaments, featuring the top-ranked players and offering significant prize money and ranking points.

The ATP Masters Series consists of nine tournaments: Indian Wells, Miami, Monte Carlo, Madrid, Rome, Toronto, Cincinnati, Shanghai, and Paris. The WTA Tour Masters, previously known as the Premier Mandatory, includes four tournaments: Indian Wells, Miami, Madrid, and Beijing. These tournaments are held in prestigious locations and attract a large number of fans and top players.

The Masters tournaments are known for their high level of competition, with the top-ranked players often competing against each other. The tournaments are also notable for their large prize purses, which can attract sponsorship and investment. The ranking points awarded at these tournaments are significant, as they can help players secure a high ranking and qualify for the year-end championships.

The Masters tournaments are an important part of the tennis calendar, providing a platform for top players to showcase their skills and compete for prestigious titles. They are also a significant source of revenue for the sport, attracting large crowds and generating media coverage. The Masters tournaments are a testament to the global popularity of tennis and the sport's ability to generate excitement and engagement among fans.