yes it was very fun, especially if you're betting on it to your favorite team, it can make you happy 2-fold when you win. It can make you happy for your favorite team wins and you win the your bet. But it also could lead to disappointment double if your favorite team loses.
I've tried once betting in boxing against the boxer that i like. My reasoning for it is that if the boxer i idolize won, then it won't matter if i lose money betting against him. The feeling of seeing your favorite player win more than covers for the loss of money. If the player i like loses, i win the bet. So there's some kind of get back maybe not emotionally because of the boxer's loss but monetarily by winning the bet.
That's one way that you do not get double damages, very intelligent. When a boxer that you like losing, you're actually going to get the money, but maybe a little sad that you would rather not win. And if your favorite fighter wins, you will lose money, but your heart can be glad for your favorite boxer wins. Smart smart.