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Priest Hat is a piece of Equipment which when equipped will both increase the chance to preserve Prayer points by 10%, and reduce the cost of prayers by 1 point.
Note that the minimum cost of prayers is always 1 point. Therefore, the Priest Hat has no effect on prayers that usually cost 1 point, nor can it be used in combination with other prayer cost reductions to make more expensive prayers free. For more information, see Prayer Cost Reduction.
Priest Hat does not provide any stat bonuses in combat.