The result of ~150 wells today:
Rare elvan robe
Level Req: 25
Physical Defense: 0 to 11
Magical Defense: 18 to 55
+26 Strength
+1 to 10 Life per Attack
Rare ice VII
Level Req: 20
Spell Damage: 40 to 48
Mana Cost: 53
+6 Mana Regen
+32% Heal Mastery
Rare fire X
Level Req: 35
Spell Damage: 34 to 92
Mana Cost: 77
+14 Mana Regen
+3% Glancing Blow
I failed 2x lvl 20 swords (1 due to a lag, other due to a 1,7k crit) and I only welled lvl20+ items. It's so sad..