Place the bread crumbs in a bowl and slowly add the milk. Mix with clean hands and let the crumbs rest for 15 minutes.
Add beef, pork, egg, onion, garlic, basil, parsley, oregano, cheese, salt and pepper. Again mix with clean hands until well mixed.
Using a small scoop, about 0.8 ounce, scoop our the meatballs and place on a plate.
Place the meatballs in the refrigerator to firm them up.
Wrap each meatball with a piece of bacon and securewith a toothpick.
Place on a parchment covered cookie sheet.
Place in the oven at 350 degrees and cook until the bacon has become crisp. Check these after about 10 minutes and watch them so the bacon does not burn. The amount of time will depend on your oven and the thickness of the bacon.
Remove and place on a paper towel to drain and cool.
Refrigerate until Race day. Take out and let come to room temperature, or place in a warm oven. They are better served warm if possible, but still good at room temperature.