Terms of Use

2026-08-13

Simulit is a free educational tool for exploring probability. Using the site means you accept the terms below.

What this site is

Simulit runs Monte Carlo simulations of well-known probability problems so you can watch the numbers converge on theory. It is provided free of charge, as is, for learning and reference.

No account is required and nothing is sold on this site.

Results are estimates

Every figure the site produces comes from random sampling. Two runs with the same settings will not give the same number, and no single run predicts what will happen to you.

Cost figures depend entirely on the prices you type in. They are arithmetic on your own assumptions, not a market quote or a forecast.

Not gambling advice

Some simulators model lotteries. They exist to show how quickly the expected value works against a player, not to encourage spending.

Nothing here is financial, investment or gambling advice. Decisions you make about real money are your own.

Disclaimer

The site is provided without warranty of any kind. We do not guarantee that it will be available, error-free or accurate, and we are not liable for any loss arising from its use.

Changes

These terms may be updated as the site changes. The revision date above always reflects the current version.

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