Well, this is n the wrong section, but I'll answer anyways.
A loot reroll elixir works like this:
25% Loot Reroll Elixir has a 25% chance to give you better loot. Whenever you get a drop, there will be a roll similar to a circle graph. 25% willbe filled with something like "yes you will get a reroll" and the other 75% will say something like "no you won't get a reroll". Of course, it won't directly say that to you, but that is essentially what happens. Now, if you do reroll, it will only increase the items' rarity by one stage. So if you were initially going to get an epic item, and you reroll, then you would get a legendary item instead. Also, a loot reroll elixir stacks with leprechaun amulet and/or one hour combo elixir. So, 25% loot reroll elixir + leprechaun amulet (15%) = 40% chance to reroll. The one hour combo elixir from the store gives you a 30% loot reroll elixir, but Klaas gives 25% loot reroll when he gives you a combo elixir.
And about free respecs, it'll most likely end sometime Sunday when the developers (devs) decide to do an update. Or it'll last until sometime Monday, because I believe they don't work on weekends. So respec all you can to find the right build!
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