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The technique of randomization has become very prevalent since it offers superior performance and simplicity. Numerous researchers work in this area of vital importance. Parallel Computing is also very important since one can get excellent speedups using parallel computers. This book combines these two domains. It provides a summary of the state-of-the-art results and techniques in the area of randomized parallel computing. There are few texts in the area of randomized computing, and more surprisingly there is no text in the area of randomized parallel computing. Thus our book fills the void in this very important area. §Audience: This is a reference book for researchers, educators, and students. It can also be used as a text for an advanced graduate course on randomized computing, parallel computing, or distributed computing.