No. Up until the late ’90s, or thereabout, dapping tools were sold with a drill bit. The drill bit was attached to the cutter head and the dap was created in the wood at the same time the hole was being drilled. The design has since changed, and daps are now created in a two part process in which the hole is drilled first, and the dap is created by inserting the pilot bit into the predrilled hole. Any standard drill bit purchased at a local hardware store should work for drilling the bolt holes.