"I kept getting beaten in the first round, but eventually I learned to treat it as another tournament and to stop trying so hard there," continued the 34-year-old. "The World Championship is the biggest one but, to me, this tournament is a close second.
"I like the matchplay darts where it's just first to 10 legs. You know what's what. In a set situation, you can keep winning legs and losing sets."
He has to wait until Tuesday evening for his first-round match
against Norfolk's James Hubbard,
a young player who has impressed on the darts circuit in recent months.
"James is a very talented player and this won't be his first time on the big stage either," added the world number five. "I won't be underestimating him.
"He's done fantastic things this year and it's going to be a very tricky game for me."
A possible semi-final opponent for Newton is Taylor, who has won the last four World Matchplay titles and a record 12 in total.
The 15-time world champion will be looking to bounce back from a shock defeat by Robert Thornton in the final of the UK Open in Bolton last month.
"Phil is head and shoulders above everyone else but I think everyone else is catching him up," said Newton, nicknamed 'The Fleetwood Warrior'.
"In the last few years, he's probably not won as many majors as he would have probably liked to. It gives you great confidence knowing that he has been beaten and he can be beaten."
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