1. Pause the game.
2. Plug the mouse into the joystick port you are using.
3. Unpause the game, and move the mouse rapidly from side to side (this will enable you to waggle quicker than your opponent).
4. When your character has won the move, pause the game and plug the joystick back in.

Place the chair outside the ring (next to the bottom left turn buckle) just up a bit. Now jump into the ring and you should have the chair. Climb up on to a corner post, and instead of jumping into the ring, jump the other way. Weird gravity! Pause and type "HULKHOGANWEARSTIGHTYELLOWKNICKERS", and then unpause the game. The fight will then finish with you as the winner.

During a two player practice game, get 1 player to climb onto the top of the top left turnbuckle, then get player two to be as close as possible to him. Player two should drop and kick the player, then he will turn into a "ghost". He can pick up the chair and take it into the ring. Press 'Esc' then compete for the title, and the chair will still be there.