The book starts with a recapitulation of the basic mathematical tools needed throughout the book, in particular Markov chains, graph theory and domain theory, and also explores the topic of inductive definitions. It then defines the syntax and establishes the Markov chain semantics of the probabilistic lambda calculus and, furthermore, both a graph and a tree semantics. Based on that, it investigates the termination behavior of probabilistic programs. It introduces the notions of termination degree, bounded termination and path stoppability and investigates their mutual relationships. Lastly, it defines a denotational semantics of the probabilistic lambda calculus, based on continuous functions over probability distributionsas domains.

The work mostly appeals to researchers in theoretical computer science focusing on probabilistic programming, randomized algorithms, or programming language theory.