As had been the case in the 1937 tournament, the four teams played a round-robin schedule, meeting each other team once, with two competition points on offer in each game. The points were awarded as follows:
Win – two points
Tie – one point
Loss – no points
At the end of these preliminary games, the top two teams played each other to determine the champions, while the remaining two teams faced each other to determine third place. In the event of a tie between teams in terms of points, the tiebreaker used would have been the net runs for and against, with the team achieving the greater value and placing in the higher position.
At the conclusion of the tournament, representatives from the Australian Baseball Council selected an All-Australian team. Though the selected team did not actually play together, it was the first time an Australian team had been selected.[7]