What is the difference between an Auger Bit and a Brad Point Drill Bit?

The shallow spur of a brad point bit makes it much more suited to boring holes for dowels without breaking out of the back of a wooden workpiece. They can run at faster speeds in the drill press thanks to the angle of their cutting lips. However, brad point bits are much less useful if there is a need to drill a deep hole, or one with a large diameter, which is where auger bits excel.