I'm not an oceanologist but I think I understand the process. On the
open ocean 10 to 12 foot waves are not at all uncommon, especially if
an active weather front has passed through recently. These waves are
fairly benign, i.e., they are not usually steep or breaking in deep
water. They do travel a long way before dissipating however. As a
result it is not uncommon to have 2 or 3 different wave trains passing
through an area at the same time, frequently from different
directions. Peak wave height then becomes a statistical probability
excercise of computing the chances that these multiple wave trains
will all happen to coincide at a given time and place. When that
happens, either a much larger than average wave is created, or just as
probable, a deep hole. Either the wave or hole is an anomaly which
gravity will try to destroy as quickly as possible with
collapsing/breaking water.

So if this is true then a system, in the future, could be developed to
map the probability of encountering this phenomenon in a given area
based off the prescence of certain criteria. It could work like a
weather map but show basic probablity of encounter in a given area.
This would at least give some way of increasing safety by planning a
route or time change. Of course it would only be a probability and
not a gauranteed incident of encounter.