A number of extreme and rogue wave studies have been conducted theoretically, numerically, experimentally and based on field data in the last years, which have significantly advanced our knowledge of ocean waves. So far, however, consensus on the probability of occurrence of rogue waves has not been achieved. The present investigation is addressing this topic from the perspective of design needs. Probability of occurrence of extreme and rogue wave crests in deep water is here discussed based on higher order time simulations, experiments and hindcast data. Focus is given to occurrence of rogue waves in high sea states.