WCW vs. the World features various modes including League Challenge, Best of Seven, Exhibition, Elimination, Tournament, League, and Double Title. Such modes are predominantly characteristic of Japanese pro wrestling as opposed to American customs.

The game includes many other establishing features that would carry on and improve in future AKI wrestling games. A "spirit meter" replaces the traditional but more linear energy bar to better suit the momentum of a wrestling match. However, it also features modes surrounding the winning, defense, and even creation of championship belts which would be entirely absent from the game's immediate successor, WCW vs. nWo: World Tour. The latter, however, would achieve far greater popularity thanks to its introduction of the intuitive "grappling system" not yet developed in WCW vs. the World.