EOTechs, Aimpoints, and other red dot sights are built for fast reaction, combat-style shooting. While you certainly could hunt with one, I'm not sure it would offer very much benefit over iron sights in that role as it has no magnification. You would also be paying a very large premium for mil-spec durability that is not necessary in the vast majority of hunting situations and not much more.
For $500 you can get a very good hunting scope with multiple magnification settings so that it can be used in a wide variety of applications.
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