Place it at the very end of a fail or win clip as the closing reaction, after the gameplay moment itself. Pair it first with a record scratch for the freeze, then this laugh, then a bruh sound if the loss gets even worse.
About this sound
This clip is the King's short taunting laugh from Clash Royale, a quick series of he he he ha chuckles lasting about two seconds. It feels smug and playfully irritating, like a cartoon opponent enjoying your mistake a little too much. The sound comes from Clash Royale, the mobile game by Supercell.