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The heavier bullets don't fly as well, and fall below 1000 ft-lbs before 500 yards, and have a lot more wind.
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Just about every precision rifleman knows the 100-yard group his rifle fires; since he knows his group doubles at 200 yards, and triples at 300, quadruples at 400 and so on, he can determine the maximum distance that he can place a shot in a deer’s vitals – which is his maximum range.
http://www.millettsights.com/downloa...Ballistics.pdf