At the inaugural Masters in 1975, Reardon reached the final by winning 5–4 on the against Williams in the semi-final, and lost the final 8–9 to Spencer on a . At the 1975 World Snooker Championship, held in Australia, he had a tough quarter-final with Spencer which he won 19–17. He then eliminated Alex Higgins 19–14 to meet Charlton in the final. Reardon led 16–8, but Charlton won the following nine frames. Charlton went on to lead 28–23, but Reardon then won seven of the next eight frames to lead 30–29. Charlton took the sixtieth frame to tie the match but Reardon took the vital sixty-first frame and won the title for the third successive year. A week later, Reardon was at Pontins in the UK, where he retained the professional title and won the Open title.