From Level 1-24 a player will lose 10% of his experience points, skill tries and spent mana.
From Level 25 and above a player will lose $ ((plevel+plevelpercent)-(50+plevel)/100)*100/pexperience $% of his experience points, skill tries and spent mana.
Where plevel: player's current level
Where plevelpercent: player's adquired level %
Where pexperience: player's current experience
Number of Blessings
Container Losing Chance
Equipment Losing Chance
Amulet of Loss
You can still use an Amulet of Loss, even with the current bless system. It is still worth keeping after a death especially on a PvP world, until you get all the blessings back again. If you have all 5 Blessings and wear an Aol you will lose both your blessings and your Aol.
If you have a Red Skull, everything you wear will be lost upon a death - even if you have an Aol and/or all Blessings.
If you have a Black Skull, you will loss everything you wear even if you have an Aol and/or all Blessings. In adition, when you respawn in the temple, you will recieve only 40 hitpoints and no mana.