You've just discovered why click-adjustable adjustment turrets were invented for scopes.

Bullets don't travel in straight lines.  They travel in parabolic curves.  Compared to your scope, your barrel is pointing slightly upwards.  This causes the bullet's path to rise though the line-of-sight of your scope, crossing on the way up.  It will continue rising until gravity catches up, then start curving back down, crossing the line-of-sight again further down-range.  It will continue to drop at 32 feet/second^2 until it hits something.

If you stick with one type and lot of ammo, you can shoot at various ranges and figure out how many clicks to adjust your scope.  Then, next time you want to shoot at a given range, dial the scope in, and you should be good to go.

Each load will be different, so you have to rezero (or know the zero data) for each different load.

Shooting well is both a science and an art, and lots of practice is required if you want to master it.

-Troy

Quoted: Have you have any luck with mil dot scopes? is the range per each dot around 100 yards or so. I have a line on a Tasco mil dot scope thats been unavailable (backorder). I was thinking about buying it, or would you stick with the one I have now.

The Mil-Dot reticle is designed to allow you (with training and practice) to determine the range to your target.  It doesn't compensate for elevation due to bullet drop.  Mil-Dot reticles are designed to use in conjunction with the turrets that you adjust your reticle with.  BTW, if your scope doesn't have turrets, you can probably add some.  Stoney Point makes them, and www.natchezss.com and others carry them.  They screw on in place of the scope caps.

Also, I wont ask anymore questions after this) what is the range dial in front of the scope, what is its purpose? the range is from 50 to 300 plus yards. Thanks again

As Zardoz said, this is an "adjustable objective" lens, which adjusts for the parallax error that happens when you look at something through a series of lenses.  It's kind of like a focus adjustment (though it's a bit more complicated than that).  Because you can adjust for it, you can eliminate most of the parallax error with your scope.

And, don't be afraid to ask questions.  We're here to help.  And I guarentee you that someone else was wondering the same thing.  That's how we all learn.

-Troy