Yes, that would be too low. A 150 pound deer would have around 12 pints of blood.
A book I have also states that a 100 pound deer would collapse from shock with the loss of 2 pints of blood, or 25% of it's total blood volume.
To get a visual handle on how much blood that is, I've always wanted to color some water (maybe thicken it with glycerine a bit to get it more like the consistancy of blood) and trail it like blood coming out of a deer just to see what 2 pints of blood looks like scattered on the ground.
The only problem with this idea, is that not all the blood a wounded deer expells leaves it's body through a penetration wound. A lot of it as we all know is internal, and comes out when we open up the chest cavity. But it would still gibe you an idea of how much blood 2 pints was.
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