Can't tell what the drill bit is. What
@McKnuckle shows above is what you want. The description says the drill bit is a 1/2" hole drill bit, but you're not going to get those fittings through a 1/2" hole. You're going to need something like 13/16" holes. So I don't know what's going on there.
Also echo his comment on no dip tube. The biggest reason for including a valve is so you can drain the kettle easily, and no dip tube means you're tilting the pot. This should make things easier, not a kludged-up mess.
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I'm going to offer a different view on the thermometer: given the fittings and the length of the probe, it doesn't look like it'll extend into the pot more than....maybe 1.5"? That's not too bad. As long as you're a bit careful as you lift the bag--you could put a big mixing spoon between it and the bag as you lift--it should be ok. I personally like a thermometer on a kettle, both to tell when I'm getting close to a boil, but also to help decide where I'm at with strike water temp. Once you have one on there you'll realize how much you end up using it.
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On another note, I can't tell what the fittings are like. They look more robust than the normal cheap fittings that seem to decorate inexpensive kettles, but if I were going to add fittings, I'd get them from brewhardware.com. Theirs are specifically designed for heavy duty and once installed, they are indistinguishable from welded in their robustness. They're just dead solid and they don't leak.
They'll cost more than the kit above, but that's the price you pay for better stuff. If money is a huge deal at this point--and I have two kids so i get that there are times when money is tight--then that kit probably would work, though the lack of a dip tube is concerning. The whole point of getting what you want and need is to get what you want and need. And I can't figure out the drill bit thing.
Here's the page showing brewhardware's fittings; there's a video at the top that explains the differences. It's relatively short; if you watch it and choose something else, at least you'll be better informed about the fittings.
https://www.brewhardware.com/category_s/1838.htm
I've got one of these on one of my kettles:
https://www.brewhardware.com/product_p/truebulkhead2pbvdip.htm
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Those are options, and pricier for sure. If you're still considering the ebay package, email the seller and ask about a dip tube, and ask specifically about the drill bit.
Good luck!