Drivers earn thousands of dollars by competing in powerboat races, setting track records, rescuing stranded people, and collecting cash bonuses.

Eliminator Boat Duel offers three difficulty levels: Easy, Normal, and Expert.

At each difficulty level, the player's boat can be damaged from impact with animals, the opponent's watercraft, and various stationary objects.

The sequence of later opponents is Vicious Vicky, Weird Willy, Mangler Mike, Veronica Alabaster, and Disaster Don (the reigning World Champion).

The top edge label on the North American cartridge misspells the game's name as "Elimonator Boat Duel".