Code Effect Hold Up and press Start when you lose. Continue
Contributed By: BXBomber.
Rescue When Hugged On Floor (JP-only)
Normally, there are two people per side in the game, one in and out of the ring. Whenever the one in the ring is being hugged or otherwise kept in the air, the trapped fighter's partner can come in and rescue them. However, the traditional techniques do not work if this is happening while the fighter is also pinned to the floor.
If in this situation, press A+B on Controller 2 and shout into the microphone on the same. (Therefore, this cheat does not work in the US release.) The ally of the pinned fighter will kick the one pinning down the fighter with an ally. This will only work during single-player mode.
Contributed By: KeyBlade999.
As the title screen scrolls up, press Up, Right, Down, Left, Down, Right, Up, Left, A & B. Then press A the same amount of times of the round you want to start in and press Start.
Become the champion and it goes to ERP4. When the tournament starts, touch your ally and you'll become invincible.
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