Red Dot is a fast powder, equivalent in burn rate to Bullseye and usually listed as either just faster or just slower depending upon the charts publisher. As such it is good for target loads however if I was going to get 500 free jacketed bullets from Hornady I certainly wouldn't waste 20+ cents a piece JHP's putting holes in paper when I can get 8 cents a piece lead bullets that perform that function very well using Red Dot. Save the jacketed bullets to use with a slower powder to produce hunting or self defense loads. BTW you'd be better off with 125gr XTP's if you have that option than 110gr bullets which are very light for use in the .38 spl and .357 mag. The other option if you don't think you'd use all 500 jacketed "free" bullets for Self Defense or Hunting is see if you can find someone who would trade some of your XTP's for lead 148 or 158 gr bullets at 1 for 2 or better and save the rest for more important uses.