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My lepercon pendent gives me rerole but it is common items and i do not get locked with it any more i bought it with platnum from space time not from the market and it worked perfect till recently while i was given ultimatum on selling it or being hacked. I left and reported them but does not change that my lepr pend doesn't work any more.
On the forums there are many threads, that explains the working of the loot-reroll and generally luck.
Lepre cant "broke". Just bad luck.
Trade it, sell it, buy it for 150 plat, it won't make a difference.
In some cases, I noticed players are actually picking up coincidently a common item right after an announced reroll. But even at that, you do get a chance for rare, epic or legendary items. You can't expect continuous loot everyday.
Once in a while, I get 1 hour elixir + Lep Amulet. Sometimes I hit the jackpot, and sometimes I get 3 locked in one hour.
It's pure luck.