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Scope details that can make – or break – a crossbow system. New-school crossbow technology: Ravin’s ultra-compact R-26. Cocked with a crank, its potent limbs can drive bolts to 400 fps. Still, the resulting trajectories are loopy enough to warrant a range-compensating scope – along with the know how to use it effectively.
Crossbow scopes are quickly becoming a standard addition to modern crossbows. The longstanding taboo associated with crossbows seems to be rapidly disappearing as a number of state wildlife management agencies attempt to control their burgeoning deer populations. Beyond the negative effects of over-populated herds upon the animals, for humans, the concerns extend to deer-vehicle collisions, the spread of tick-borne diseases (Lyme and several other strains) and the destruction of crops or ornamental shrubs.
Striking a positive chord, for both new and experienced deer hunters, this situation has provided new crossbow opportunities. And since many of us experienced hunters are no longer spring chickens the timing is fortuitous. A further win: The resulting increased demand is driving real equipment improvements. These extend to their aiming systems; some type of trajectory-compensating scope.
But my state was late to the gate. Until 2020, I was one of a small group of hunters who could legally use a crossbow during our archery deer season – but only through a special disability permit. Its issuance was far from assured (mine, granted due to an old injury, required documentation from the VA) so, for most archers crossbow technology was more of a nebulous thought. If your area is crossbow legal, and youre thinking of taking the plunge, you could be in the same boat. In that case, read my overview article on crossbow deer hunting.
Experienced vertical bow hunters could be presumed to have a leg up. Also, beyond all-important hunting skills, the rifle-type configuration of a crossbow should shorten the physical learning curve. Valid points yes but, as I discovered, horizontal bows can also introduce a number of new issues. The Crossbow Connection
My first crossbow, purchased back in 2013, was a Parker Terminator, sold with a lifetime warranty (so much for that; theyve since gone out of business). No complaints regarding its downrange performance though, even to this day. Despite subsequent developments, it was easy to master, and also quite accurate. However, it did introduce a few unexpected headaches.
For starters, the loading process was relatively complicated, requiring the aid of a rope & pulley system. And it was a true PETA to maneuver through thick woods. With game at hand, the critical timing related to the drawing a conventional bow was eliminated, but the actual shot was loud as in closer to a subsonic .22 LR! On a positive note, its 20-inch bolts departed with more speed than my vertical bows 28 arrows, although the difference was less than expected.
Trajectory was flatter but still parabolic, posing similar range and overhanging brush concerns. And, if no action transpired, uncocking required shooting the bow (I used a special bolt and portable capture target). Also, its basic fixed-power 4X trajectory-compensating scope was nothing special. Accuracy & Velocity vs Range
Todays crossbow market is more competitive, so some of these issues have been addressed (such as built-in uncocking systems). Velocities are trending upward too, although physics are still involved.
An example: Despite my Terminators s 175-pound draw weight, its shorter 13-inch power stroke was less efficient than that of my 28-inch, 65-lb. compound bow. Still, its velocity was quicker, reaching 340 fps. Some recent introductions are considerably faster but, because the entire archery industry has been busy, others arent that far ahead of todays vertical evolutions.
How about accuracy? Even from 40 yards, shooting more than one bolt at the same bullseye assured their rapid destruction. Encouraged, I stretched the range, successfully launching bolts to 70 yards well beyond the 50-yard range-compensating capabilities of its included scope. The accuracy was there, but the loopy flight of the bolts was disconcerting. Several recent model Ive since shot were as accurate, and some were 60 fps faster but, advertising hype to the contrary, trajectory is still a concern. A pair of “old school” Parker crossbows (neither more than ten years old). But both the Terminator (L) and Thunder Hawk can still perform. It takes a tough target like The Block to stop their bolts (arrows) – along with aiming systems that can deliver hits!
Range? Particularly at further distances, precise yardage is essential (bolts can also be affected by wind). In the woods, overhanging branches can cause further problems so, even with a good rangefinder, my hunting distances remained conservative. Sale Leupold RX-FullDraw 5 Rangefinder with DNA with Black/Green OLED Model #182444 – RX-FullDraw 5 RangefinderArcher’s Advantage bow ballistics uses your arrow weight, arrow velocity, and peep height to calculate more accurate ranges for steep angle and long distance shots. $399.99 Buy on Amazon
Flight time entered into this decision, too. The shot itself was loud so, given enough distance, an alert deer could jump the string. For these reasons, although my comfortable shooting distance did increase somewhat, 30 yards became a prudent outer limit.
That said, in suitable conditions, with some of todays fastest crossbows, the right scope can stretch that distance. Thats true to some extent for nearly any hunting-legal crossbow. Eventually, I upgraded mine to an illuminated 30mm, range-compensating variable that could be calibrated to specific velocities. Crossbow Scopes 101
A friend plunked down good money for a hi-tech crossbow rated to hit 400 fps. Depicted in videos accurately slinging bolts at 100 yards, it shipped with a decent scope that was similar to the one I purchased. Its special reticle could accommodate such ranges but, being an experienced hunter, he intended to hunt in thicker deer havens. Thus, after following the sighting-in procedure, he established a 40-yard max.
Once in the woods, he also followed a common rifle hunter practice, dialing the scopes magnification to a lower setting (to gain a wider a field of view). No excitement during the first few outings, but a subsequent zero check on a 3-D deer target quickly spiked his blood pressure. Somehow, his bolts were way off the mark at 30 and 40 yards begging the question, what the #$%^ is up? Ravin’s crossbows are known for their high speeds so their scopes are designed accordingly. The speed settings on this version cover velocities from 300 – 450 fps. The same adjustment ring also displays magnifications – a potential source of trouble for the uninformed. The newest iteration omits them, and the ring now has a locking feature. Details Matter
Answer: The scope was fine; the problem was operator error. As it should be to optimize the crossbows performance – like most sporting-type rifle variables – its a second focal plane design. As such, the size of its reticle (along with its trajectory compensating hold-over points) remains constant regardless of the scopes magnification setting.
But, of course, these adjustments change the apparent size of the target. And this expansion or contraction of the image against the reticle alters the relationship of its hold-points to change their ballistic values – which could be bad, or good thing, depending on how the system is used. We were able to easily sort these details out because my syste works the same way. The Basics
My present crossbow scope fits the above description. But apparently, its been designed to minimize shooter-induced errors. Devoid of magnification inscriptions, its rotating power ring displays just the velocity-settings, common to many crossbows (see photo). Excalibur’s Tact-Zone variable scope (top) substitutes velocities for magnification settings. Because the crossbow scope below it is a basic fixed 4x version, although both have trajectory-compensating reticles, such a feature would be moot. Note the protective lens caps, worthwhile accessories (he strings near the scopes are indispensable cocking-aids).
For this reason, unlike 2nd FP range-compensating rifle scopes, its reticle isnt optimized for use at a specific magnification – typically the maximum. Instead, it utilizes more or less magnification to accommodate a diverse range of trajectories. Summarizing the process, the normal power settings are replaced by speeds (in fps), a trick that alters the values of the trajectory-compensating reticle. Ill use my scope to illustrate how they work. Setting Up a Crossbow Scope
My replacement scope is an Excaliber Tact Zone. As noted above, this 30mm scope features an illuminated reticle with range-compensating hold-over points that can be calibrated to the specific velocity of the crossbow. Its speed-settings run 300 400 fps. The latest but nearly identical model is the Tact-100.
The main difference, reflecting the performance of some recent bows, appears to be extra settings to cover 450 fps. But the mounting process is identical and follows standard rifle procedures. A video in this link covers the details: Sale Excalibur Tact-100 Durable Lightweight Waterproof Fogproof Adjustable 30mm Tube Crossbow Scope with Illuminated Red/Green Reticle GREAT PERFORMANCE – The Tact-100 Crossbow scope is perfect for target shooting or long-range practice so when you shoot at sensible hunting distances, it will give you the confidence to make the shot when it countsMULTI-COATED LENSES – The Tact-100 Crossbow scope lenses incorporate multi coatings that provide crisp, clear viewing; Tact-100 Illuminated Hunting Scope is a superior optical system for ultimate accuracy; Flip-up lens caps and 30mm scope rings included $234.99 Buy on Amazon
The scopes 30mm Picatinny-type rings (included) easily mounted to the crossbows rail with enough a latitude for proper eye-relief. But I did take pains to ensure the scope was level! Otherwise, windage errors would appear while using the reticles longer-range aiming points. Velocity Calibration
Having chronographed my crossbow, I knew it did an honest 342 fps, so I adjusted the scope accordingly. Interestingly, its velocity settings were at oddball intervals of 300, 320, 350, 380 and 400 fps. Why? The scope is actually a lower-power 2-6X, so Im guessing the velocities correspond with normal magnification settings. I chose a spot just below 350 and aligned it with the reference dot. The next step involved sighting in the scope via its central crosshairs. Top view of the scope with its elevation turret cap removed to reveal its bold adjustments: 1/2″ per click – at 20 yards! The scope’s velocity scale has been set to match the speed of the crossbow; 342 fps. Establishing a Baseline Zero
The actual zero process, similar to a standard rifle scope, involves elevation and windage turret adjustments, although their click values may differ. My basic 4X offered fairly common MOA clicks, the equivalent of a half-inch at 100 yards. However, each click of the scope were discussing was worth -inches at 20 yards: 2 -MOA per click! Actually, this makes sense with a 20-yard baseline zero a familiar distance for many archers.
Of course, bore-sighting is out with a crossbow so its worth starting out closer, preferably with a generous backstop. The first bolt I shot was near enough to the mark from 10 yards for a move to 20 yards, where the turrets easily put bolts on the money (if not, a prime suspect wouldve been incompatible bolts). Zeroed at 20 yards and ready to stretch the range. The scope has been set to the crossbow’s velocity. If the reticle is properly calibrated, bolts should hit the same white circle from 30 yards through the use of the corresponding hold-point. Stretching the Range
With the 20-yard zero established, at the scopes proper speed setting, my average-weight bolts should strike close to reticles 30-, 40-, 50-, and 60-yard hold-points if the manufacturer did its part. To find out, I set up a target stout enough to capture the bolts (sometimes a challenge in itself). Then, using a rangefinder, I shot several from each distance, steadied by a set of shooting sticks (accuracy was preestablished). Better to use a bench rest and reset the target but be sure to keep your fingers clear of the string! Wrinkles?
Judging by the spot-on groups, Excaliber had done its homework. But, what if your impact points differ? In that case, play with the velocity settings while shooting more bolts.
This process can be further simplified with a steady rest. Say your bolts strike 3-inches below your bullseye at 40 yards. Leave a bolt in the target, realign the reticles 40-yard mark with the bullseye and note where your central crosshairs (the 20-yard baseline) are aiming. Then, while carefully maintaining their position, adjust the scopes speed dial until the 40-yard mark coincides with your bolt. Good chance that setting will cover the other yardages, too. Reticle calibration check, beginning at 30-yards. The bolt (dead-center in the square insert of the 3-D deer target) was shot off a set of two-legged sticks. Tip: Wipe the bolts with silicone before shooting to ease their removal. The next stop is 40 yards.
Either way, shoot enough bolts to confirm. Fixed-power Crossbow Scopes and Others
Starting with fixed-power crossbow scopes, since most have similar reticles, if yours doesn’t provide close hits, you could try a few bolts at modified distances until scoring a close match (be sure to record this data). That was the fix for my spare crossbow, sold with another basic 4X scope. Its reticle was close but not exact. But it does jibe at slightly modified yardages; 38 instead of 40-yards, etc.
Actually, you could use nearly any scope, although compensating for steep bolt trajectories would be difficult. You could dial come-ups via the elevation turret – although reality will likely dictate otherwise. See my article on bullet drop compensation for more information.
What about first focal plane scopes? Popular among long-range rifle shooters, they eliminate magnification-induced hold-over concerns because both the targets image and the reticle shift in harmony. However, at lower magnifications the reticle grows finer, making it harder to resolve in low light.
Most also feature complex grids and target turrets. Like a standard rifle scope, you could conscript one for a crossbow duty, but the result would be a fiddly system.
Dot sights fall somewhere in between. Most are spinoffs of firearms models. The few versions built for crossbows often feature multiple dots, but some are generic regarding trajectory compensation. That said, theyre small, intuitive and eye-grabbing, especially in low light. Then again, so is an illuminated crossbow scope. Parting Shots A tom turkey taken with a Ravin R-26. The scope’s reticle will cover 100 yards. The range here was 30 yards, a pretty good poke in the woods.
Most of us archers are wired to think range in 10-yard increments (frequently off a 20-yard starting point). Thus, the archery industry follows uit.
Having used all of the above optics, I much prefer a purpose-built crossbow scope, an illuminated version with a provision to match its reticle to the velocity of the bow. And the better crossbow packages have this base covered to include the right bolts, another key component of the system! Most will easily cover 50 yards; more than enough range for most of us.
An average-sized doe from 2015 is still among my more memorable archery events. If a trophy is the standard, we (the few hunters in my circle) have certainly tagged much better deer. Ranked by distance though, that 42-yard shot topped my archery list. Others particularly Western hunters will probably find this laughable. But for many Eastern archers its a pretty good poke. And for all, there are ways to muff a shot – the reason I doublechecked my scopes velocity setting before taking the shot.
My two closest compatriots hunt with fast Ravin crossbows, an R-20 (420 fps), and R-26 (400 fps). Their bows were purchased as packages with Ravin-branded scopes. Checking the latest versions, I noticed the scopes (which can cover 450 fps), now incorporate speed locks good insurance!
Still, like me, they both prefer to stick with closer distances. And we all take pains to ensure our crossbow-rated hunting broadheads fly true!
In closing, if youre looking for crossbow scope recommendations, the Internet is a better source for up-to-date reviews. The list of decent picks is growing, a good indicator of demand.

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An independent review of the water industry is to recommend sweeping changes to the way the sector is managed, including the potential replacement of Ofwat with a strengthened body combining economic and environmental regulation.
Former Bank of England governor Sir Jon Cunliffe will publish the findings of the Independent Water Commission on Monday, with stakeholders across the industry expecting significant changes to regulation to be at its heart.
The existing regulator Ofwat has been under fire from all sides in recent years amid rising public anger at levels of pollution and the financial management of water companies.
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Campaigners and politicians have accused Ofwat of failing to hold water operators to account, while the companies complain that its focus on keeping bills down has prevented appropriate investment in infrastructure.
In an interim report, published in June, Sir Jon identified the presence of multiple regulators with overlapping responsibilities as a key issue facing the industry.
While Ofwat is the economic regulator, the Environment Agency has responsibility for setting pollution standards, alongside the Drinking Water Inspectorate.
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Sir Jon’s final report is expected to include a recommendation that the government consider a new regulator that combines Ofwat’s economic regulatory powers with the water-facing responsibilities currently managed by the EA.
In his interim report, Sir Jon said options for reform ranged from “rationalising” existing regulation to “fundamental, structural options for integrating regulatory remits and functions”.
He is understood to have discussed the implications of fundamental reform with senior figures in industry and government in the last week as he finalised his report.
Environment Secretary Steve Reed is expected to launch a consultation on the proposals following publication of the commission report.
The commission is also expected to recommend a “major shift” in the model of economic regulation, which currently relies on econometric modelling, to a supervisory approach that takes more account of individual company circumstances.
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How water can teach Labour a much-needed lesson
On Monday, the government’s long-awaited review into the UK’s water industry will finally report.
The expectation is that it will recommend sweeping changes – including the abolition of the regulator, Ofwat.
But frustrated customers of the water companies could rightly complain that the process of taking on this failing sector and its regulator has been slow and ineffective.
They may be forgiven for going further and suggesting that how Labour has dealt with water is symbolic of their inability to make an impact across many areas of public life, leaving many of their voters disappointed.
This is an industry that has been visibly and rapidly declining for decades, with the illegal sewage dumping and rotting pipes in stark contrast with the vast salaries and bonuses paid out to their executives.
It doesn’t take a review to see what’s gone wrong. Most informed members of the public could explain what has happened in a matter of minutes.
And yet, despite 14 years in opposition with plenty of time to put together a radical plan, a review is exactly what the government decided on before taking on Ofwat.
Month after month, they were asked if they believed the water industry regulator was fit for purpose despite the obvious disintegration on their watch. Every time the answer was ‘yes’.
As in so many areas of government, Labour, instead of acting, needed someone else to make the decision for them, meaning that it has taken over a year to come to the simple conclusion that the regulator is in fact, not fit for purpose.
As they enter their second year in office, maybe this can provide a lesson they desperately need to learn if they want to turn around their fortunes.
That bold decisions do not require months of review, endless consultations, or outside experts to endlessly analyse the problem.
They just need to get on with it. Voters will thank them.
Sir Jon has said the water industry requires long-term strategic planning and stability in order to make it attractive to “low-risk, low-return investors”.
The water industry has long complained that the current model, in which companies are benchmarked against a notional model operator, and penalised for failing to hit financial and environmental standards, risks a “doom loop”.
Thames Water, currently battling to complete an equity process to avoid falling into special administration, has said the imposition of huge fines for failing to meet pollution standards is one of the reasons it is in financial distress.
Publication of the Independent Commission report comes after the Environment Agency published figures showing that serious pollution incidents increased by 60% in 2024, and as Thames Water imposes a hosepipe ban on 15m customers.
Ofwat, Water UK and the Department for the Environment all declined to comment.
Politics
Bitcoin becomes 5th global asset ahead of “Crypto Week,” flips Amazon: Finance Redefined
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2 hours agoon
July 18, 2025By
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Bitcoin adoption has been soaring, leading up to the optimistic regulatory expectations related to “Crypto Week” in Washington.
Technology
The investor behind Opendoor’s 190% run nearly shut down his fund
Published
2 hours agoon
July 18, 2025By
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Courtesy: Opendoor
On June 6, online real estate service Opendoor was so desperate to get its beaten-down stock price back over $1 and stay listed on the Nasdaq that management proposed a reverse split, potentially lifting the price of each share by as much as 50 times.
The stock inched its way up over the next five weeks.
Then Eric Jackson started cheerleading.
Jackson, a hedge fund manager who was bullish on Opendoor years earlier when the company appeared to be thriving and was worth roughly $20 billion, wrote on X on Monday that his firm, EMJ Capital, was back in the stock.
“@EMJCapital has taken a position in $OPEN — and we believe it could be a 100-bagger over the next few years,” Jackson wrote. He added later in the thread that the stock could get to $82.
It’s a long, long way from that mark.
Opendoor shares soared 189% this week, by far their best weekly performance since the company’s public market debut in late 2020. The stock closed on Friday at $2.25. The stock’s highest-volume trading days on record were Wednesday, Thursday and Friday of this week.
Jackson said in an interview on Thursday that the bulk of his firm’s Opendoor purchases came when the stock was in the 70s and 80s, meaning cents, and he’s bought options as well for his portfolio.
Nothing has fundamentally improved for the company since Jackson’s purchases. Opendoor remains a cash-burning, low-margin business with meager near-term growth prospects.
What has changed dramatically is Jackson’s online influence and the size of his following. The more he posts, the higher the stock goes.
“There’s a real hunger for buying the next big thing,” Jackson told CNBC, adding that investors like to find the “downtrodden.”
It’s something Jackson’s firm, based in Toronto, has in common with Opendoor.

When Opendoor went public through a special purpose acquisition company in 2020, it was riding a SPAC wave and broader gains driven by low interest rates and Covid-era market euphoria. Investors pumped money into the riskiest assets, lifting money-losing tech upstarts to astronomical valuations.
Opendoor’s business involved using technology to buy and sell homes, pocketing the gains. Zillow tried and failed to compete.
Opendoor shares peaked at over $39 in Feb. 2021 for a market cap just above $22.5 billion. But by the end of that year, the shares were trading below $15, before collapsing 92% in 2022 to end the year at $1.16.
Rising interest rates hammered the whole tech sector, hitting Opendoor particularly hard as increased borrowing costs reduced demand for homes.
Jackson, similarly, had a miserable 2022, coinciding with the worst year for the Nasdaq since 2008. Jackson said his key client withdrew its money at the end of the year, and “I’ve been small ever since.”
‘Epic comeback’
While his assets under management remain minimal, Jackson’s reputation for getting in early to a rebound story was burnished by the performance of Carvana.
The automotive e-commerce platform lost 98% of its value in 2022 as investors weighed the likelihood of bankruptcy. In the middle of that year, with Carvana still far from bottoming out, Jackson expressed his bullishness. He told CNBC that April that he liked the stock, and then promoted its recovery on a podcast in June. He also said he liked Opendoor at the time.
Investors willing to stomach further losses in 2022 were rewarded with a 1,000% gain in 2023, and a lot more upside from there. The stock closed on Friday at $347.52, up from a low of $3.72 in Dec. 2022, and almost triple its price at the time of Jackson’s appearance on CNBC in April of that year.
After Carvana’s 2022 slide, “then obviously began an epic comeback,” Jackson said. Opendoor, meanwhile, “continued to roll down the mountain,” he said.
Jackson said that the fallout of 2022 led him to pursue a different method of stockpicking. He started hiring a small team of developers, which is now four people, to build out artificial intelligence models. The firm has experimented with several models —some have worked and some haven’t — but he said the focus now is using what he’s learned from Carvana to find “100x” opportunities.
In addition to Opendoor, Jackson has been promoting IREN, a provider of power for bitcoin mining and AI workloads, and Cipher Mining, which is in a similar space. He’s seen his following on Elon Musk‘s social media site X, which he said was stuck for years between 32,000 and 34,000, swell to almost 50,000. And after a lengthy lull, investors are reaching out to him to try and put money into his fund, he said.
Jackson has a lot riding on Opendoor, a company that saw revenue and number of homes sold slip in the first quarter from a year earlier, and racked up almost $370 million in losses over the past four quarters.
In early June, Opendoor announced plans for a reverse split — ranging from 1 for 10 to 1 for 50 — to “give us optionality in preserving our listing on Nasdaq.” With the stock now well over $1, such a move appears less necessary, as shareholders prepare to vote on the proposal on July 28.
“I think it’s a terrible idea,” said Jackson. “Those things usually further cement a company’s move into oblivion rather than hail some big revival.”
Opendoor didn’t respond to a request for comment.
Banking on growth
Analysts are projecting a more than 5% drop in revenue this year, followed by 20% growth in 2026 and 12% expansion in 2017, according to LSEG. Losses are expected to narrow over that stretch.
Jackson said his analysis factors in projections of $11.5 billion in revenue for 2029, which would be well over double the company’s expected sales for this year. He looked at the multiples of companies like Zillow and Carvana, which he said trade for 4 to 7 times forward revenue. Opendoor’s forward price-to-sales ratio is currently well below 1.
With Zillow and Redfin having exited the instant-buying home market, Opendoor faces little competition in allowing homeowners to sell their property online for cash, rather than going through an extended bidding, sales and closing process.
Jackson is banking on revenue growth and increased market share to lead to a profitable business that will push investors to value the company with a multiple somewhere between Zillow and Carvana. At $82, Opendoor would be worth about $60 billion, which is roughly 5 times projected 2029 revenue.
Jackson said his model assumes that “like Carvana, Opendoor can prove that it can permanently turn the tide and get to sustained profitability” so that the “market multiple would get reassessed.”
In the meantime, he’ll keep posting on X.
On Friday, Jackson wrote a thread consisting of 11 posts, recounting the challenge of having “99.5% of my AUM” disappear overnight after his primary investor pulled out in 2022.
“Translation: he fired me for losing him too much money,” Jackson wrote. He said he almost shut down the fund, and was even encouraged to do so by his wife and accountant.
Now, Jackson is using his recent momentum on social media to try and attract investor money, while still reminding prospects that he could lose it.
“All I have is my reputation,” he wrote, “and, unless I keep picking good stocks, it will be gone.”

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