This software was specially made for the dice games like PrimeDice or anything alike.

Basically calculates how many loses you can sustain and how big the probability to lose is, the smaller chance to lose the bigger chance to win?
Sorry but i fail to see what you mean by your second question, "0.00008177% Probability to lose" means you have a 0.00008177% probability to lose with your current settings, it just tells you that you have a 0.00008177% chance to lose 35 times in a row