Put it at the very start of a versus segment, then follow a win with the Victory Sound Effect and a surprise knockout with the Boom Headshot Sound Effect. Use it once per contest to keep the structure clear, and let the paired sound carry the result.
About this sound
This clip is the clear metal ring of a boxing bell, struck to mark the start or end of a round and heard instantly above a crowd. It feels tense and exciting, like a contest is about to begin or has just been decided, and it works because listeners instantly picture a fight. The bell comes from boxing's timed rounds, where it has long signalled fighters to begin and stop.