Heat large skillet over medium-high heat. Add 4 bacon slices; cook 3 minutes, or just until partially cooked. Drain. Repeat with remaining bacon.
Cut each bacon slice in half. Wrap 1 bacon piece around each shrimp; secure with wooden pick. Return to same skillet. Cook 8 minutes, or until shrimp turn pink and bacon is crisp, turning after 4 minutes.
Place Blue Bonnet and garlic in small saucepan; cook over medium heat 15 seconds, stirring constantly. Add tomato sauce, steak sauce and hot pepper sauce; mix well. Reduce heat to medium-low; simmer 5 minutes, stirring occasionally. Serve warm with the shrimp.
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