In addition to steering, an extra button can be used to crouch and gain different speeds, restricting movement. Winning races earns credits that can be used to upgrade the snowboard and ski equipment. Each character has unique statistics for speed, turning, and power. There are eight characters to choose from (one of which is initially locked) and several courses. These are primarily used to qualify for tournaments. The Extreme Winners Cup is the primary game mode, which includes cross races, slalom, one-on-one, and time attacks. It was a first for the series, combining skiing and snowboarding, as seen in the arcade game Alpine Surfer. The features and game modes are unlikely identical to those in the Alpine Racer 3 arcade game. This is the first game in the series to be released on a console.

It is based on the arcade Alpine Racer series, played on a cabinet with the player standing on a set of ski-like foot stands that move horizontally to steer and take corners while holding onto two bars for stability.

Alpine Racer 3 is a game about downhill skiing.

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