Don’t marinate the shrimp more than 3 hours; a longer time in the tomato juice will toughen the shrimp.
Serve shrimp in a divided glass bowl or cylinder with cocktail sauce. Serve condiments such as celery sticks, lime wedges, pickles and olives in separate low-ball glasses. Place the bowl and glasses on a large tray.
Place shrimp in an oversized martini glass (about 12 to 14 inches in diameter). Pour cocktail sauce mixture over shrimp, and garnish like a Bloody Mary with a skewer of colossal olives, a small lime wedges and a celery stick.