Set up a serving area for the shrimp and sauces on your kitchen island or breakfast table, and let everyone help themselves. To shortcut prep, ask your seafood monger to steam shrimp for you.
Combine 9 cups water and Old Bay seasoning in a Dutch oven. Bring to a boil; add shrimp. Cover, remove from heat, and let stand 15 to 20 minutes or just until shrimp turn pink. Drain well; garnish, if desired. Serve immediately with sauces.
Chilled Peel-and-Eat Shrimp With Dipping Sauces: Prepare recipe as directed. Place cooked shrimp in a glass bowl. Cover and chill 2 to 24 hours. Serve with sauces. Prep: 10 min., Cook: 5 min., Chill: 2 hr.