Add the bacon to a large skillet set to medium-high heat and cook until 3/4 of the way cooked through. Drain fat.
Add the ground beef, ground sausage, onion and serrano peppers to the pan along with the bacon. Cook and crumble the meat. Drain off the fat and add the meats to the slow cook cooker.
Add the remaining ingredients to the slow cooker.
Stir.
Cook on HIGH for 2 hours, stirring occasionally.
Serve with tortilla chips and enjoy!
Notes
One poblano pepper can be used instead of serrano for much less heat.
Nutritional values do not include chips.
Any remaining dip can be stored in an airtight container and put in the fridge for up to 4 days. Reheat over medium heat on the stovetop or in the microwave until warmed throughout.