RE: Increase poundage or not?
Shooting 50 pounds, at 5 grains per pound that would yield a 250 gr arrow, not enough, IMO to hunt deer with. You heavier arrows are much better suited. Paul is right on. You're not EVER gonna hit that 295 with your bow. IBO speeds are rated at a 30" draw, 60#. Your 27" draw just won't get it done, but it's better to shoot the correct draw length than not. I would say if you won't be underspined, turn it up to 55 or so, but understand you are only going to hit around 250. But that's pretty respectable. A 332 gr arrow flying 250 gives you 46# of KE. That'll kill a deer, for sure. That is right at 6 grains per pound of draw weight.