We perform simulations to compute the effective potential between the centers-of-mass of two polymers with reversible bonds. We investigate the influence of the topology on the potential by employing linear and ring backbones for the precursor (unbonded) polymer, finding that it leads to qualitatively different effective potentials. In the linear and ring cases the potentials can be described by Gaussians and generalized exponentials, respectively. The interactions are more repulsive for the ring topology, in analogy with known results in the absence of bonding.We also investigate the effect of the specific sequence of the reactive groups along the backbone (periodic or with different degrees of randomness), establishing that it has a significant impact on the effective potentials. When the reactive sites of both polymers are chemically orthogonal so that only intramolecular bonds are possible, the interactions become more repulsive the closer to periodic the sequence is. The opposite effect is found if both polymers have the same type of reactive sites and intermolecular bonds can be formed. We test the validity of the effective potentials in solution, in a broad range of concentrations from high dilution to far above the overlap concentration. For this purpose, we compare simulations of the effective fluid and test particle route calculations with simulations of the real all-monomer system. Very good agreement is found for the reversible linear polymers, indicating that unlike in their non-bonding counterparts many-body effects are minor even far above the overlap concentration. The agreement for the reversible rings is less satisfactory, and at high concentration the real system does not show the clustering behavior predicted by the effective potential. Results similar to the former ones are found for the partial self-correlations in ring/linear mixtures.Finally, we investigate the possibility of creating, at high concentrations, a gel of two interpenetrated reversible networks. For this purpose we simulate a 50/50 two-component mixture of reversible polymers with orthogonal chemistry for the reactive sites, so that intermolecular bonds are only formed between polymers of the same component. As predicted by both the theoretical phase diagram and the simulations of the effective fluid, the two networks in the all-monomer mixture do not interpenetrate and phase separation (demixing) is observed instead.