When playing Minecraft on VMware Player's guest OS, the game and the host OS both try to grab the mouse. Hence when you move the mouse, the scene of the game moves wildly.
One trick to fix that is to disconnect the mouse from the host OS so that only the game will control the mouse.
Step 1: before starting the VM image, change its settings: Hareware -> USB Controller -> Check the checkbox of Show all USB input devices.
Step 2: Starts the VM image. After it is booted, find in the top right corner the icon that represents the mouse. Right click it and choose to Connect (Disconnect from host).
Step 3: Enjoy the game.
Step 4: When finish playing, shut down the guest OS and the host OS will gain back the control of the mouse.