Splitters

Ok so I have one speaker, a bluetooth receiver, and my desktop. I decided a fun setup would be to be able to use my bluetooth receiver and desktop with one speaker without having to worry about wire interchange. The system works great, except I just discovered a flaw when booting up Dark Souls...

Is it a good idea to have 2 different Hdmi splitters? Like 1 3x1 splitter connected to a 1x2 splitter? Because I need 3 things connected to 2 tvs and a 4x2 splitter is too expensive. Will the quality degrade or will there be lag if theres 2 splitters?