Respect and honesty are key components of good sportsmanship, regardless of the outcome. Winning with grace is appreciating your accomplishment without belittling your rival and realizing that both teams have worked hard. It's about respecting the opposition, expressing gratitude to supporters, and recognizing your team. 

Just as vital is losing with dignity. It entails acknowledging the victor's successes, accepting loss without making excuses, and growing from the experience. Realizing that every game or competition is an opportunity to develop character, promote respect, and exhibit self control is the foundation of good sportsmanship. 

Athletes can foster a pleasant athletic atmosphere and gain respect from others by losing with dignity and winning with grace. It’s a mindset that helps both players and teams thrive, regardless of the outcome.