SUMMARYA method and a technique for the probability of error estimation in digital channels with memory are developed and demonstrated. The expressions for the mean and variance of a random variable, representing a block of bits transmission in a bursty channel (channel with memory), are derived. The influence of the memory is expressed by a parameter called the memory factor. It is shown that the traditional Monte Carlo method can be applied for the probability of error estimation. In order to control the accuracy and increase the time efficiency of estimation this method is modified and a new method, called the modified Monte Carlo method, is proposed. Based on this modified method a technique of estimation with controlled accuracy is developed and demonstrated using data obtained by simulation. According to this technique the sample size is adjusted in the course of estimating procedure to give an accurate estimate of the probability of error for a minimum required time of estimation.