Put bacon on a baking pan. Preheat oven to 375 and cook bacon until about half way done, and still soft. Cut each piece in 3 pieces and set aside.
Wrap each water chestnut with bacon, and secure with a toothpick.
Toss in a bowl with Famous Daves Rich and Sassy BBQ Sauce and bake in oven until bacon is crispy about 8 minutes. Serve hot.
