In drillspeak, you have the lands, the heel, the point and the relief and all must work together to cut a cylindrical hole. I would suggest (if you offhand sharpen) getting a drill point gage.
The true test of a properly sharpened drill bit is you get equal swarf from both cutting edges when you feed the drill into the work with the drill secured in a drill chuck, affixed to an accurate spindle, such as a good drill press, a vertical mill or a lathe tailstock. Half arsed sharpening will suffice for cutting purposes, but the drill won't drill an accurate hole because the cut action is lopsided and that causes the drill point to run out and drill a non-concentric hole. In the shop, to offset that, we use chucking reamers to make oval holes concentric.
When both sides (heel and cutting edge) is sharpened properly and correctly, the line (center point) of the bit will be perpendicular to each side. That applies to ordinary split point drills and parabolic drills as well.
On drills over 1/4" 0.250, I always relieve the heel as well as relieving the heel allows easier drilling and also allows lubricant/coolant to reach the cutting edge easier.
I used to sharpen all my mills, I own a cutter grinder but it's actually cheaper to toss them unless it's a very large cutter, than sharpen them.
Offhand sharpening accurately and consistently is an acquired skill, just like playing a Guitar or TIG welding. Just because you do it correctly one time, don't mean you can repeat it. Takes practice and lots of it.
I don't throw any twist drill away until it's too short to work. For me, it's so easy to resharpen one, if a drill isn't cutting properly, I pull it out of the chuck and over to the Milwaukee bench grinder for a touch up and back to the machine... maybe a 45 second job.