The advantage with the tripod is more stability than a bipod. also the range of positions it can be used, from standing through to prone, in the sitting and prone I have used one of the legs as rest by putting the front hand on the leg and then the rifle on my hand. The tripod will also stand alone so you can get to a shooting position, set the thing up and do whatever else you need to do prior to taking a rest on the tripod and taking the shot. They really shine in more open country where the option to go prone with a bipod doesn't really work due to scrub or terrain.
I tend to carry them with the legs 1/2 extended and use them as a walking pole, for me with buggered knees they are great for stability going down hill, its surprising the weight they will take.
For me they are steady enough for a 300m shot as long as I'm not being buffeted by wind. If your cautious about spending then go for the ridgeline version first up, they aren't that bad.
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