I have just had exactly the same as you and I'm 335! There is supposed to be a smart reward system in place to make sure you get not only items you may need but items that are different to what you have! It was the same in the last iron banner and it's just wrong!
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Its so aggravating, it makes me want to rip hairs from my chin one at a time until my chin is 16yrs old again.
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I've just rank 5 my Titan and had boots lower than what I've got equipped! Makes my -blam!-ing blood boil! Don't get me wrong it's a brilliant game but it's all about rewards! You grind and grind to get the rewards so why the -blam!- so we not get them? So annoying and disappointing.