The 1939 competition was in a very simple format. Each team played each of the other teams once. A win was worth 2 standings points, a loss worth 1. The rankings were based on those standing points. Ties were broken by head-to-head results.The winning team was Lithuania. In retrospect, the most important match was Lithuania vs Latvia in the first round. Lithuania won by 1 point, and this was the eventual winning margin of the championship. Relations between the two nations soured to such an extent that it led to the cancellation of the subsequent 1939 Baltic Cup football tournament.