Welcome to a hyper text enhanced document explaining the fallacy of the Epicurean statement.
I'll explain why it is a fallacy with sound Biblical theology. Yet if you need to understand the theology more, you can click and go deeper.

The Epicurean Statement is fallacious because it assumes you can put God in a box and know God's mind .
God is good, and God is all powerful.
God could stop and condemn evil immediately at the first sin any being causes, but that would break God's redemptive plan .
An alternative flawed method to stop evil in its tracks would be to condemn any being who would do evil in the future.
God could choose to end this Earth at any moment he wants and bring us into Heaven where there is no evil or suffering.
God choosing to let Earth "play on" is not a weakness , but a strength.

Also good things can come from bad events,but man's mind is too finite to understand how.

So to conclude: Because Epicurus's mind is finite, he cannot understand the ways of God. My mind is finite also, so I too cannot know the mind of God either. Still, I'm humble enough to not judge God with imperfect knowledge. Have you ever heard of a judge who ruled on a case without first understanding it? Maybe so, but is it right to judge when you don't have all the information? I'm also advantaged on Epicurus in that I have knowledge of Jesus Christ, which Epicurus was born too soon to know about. Because I know God's plan is to save the lost souls of the elect, I know God is up to something greater than anyone's individual experiences with good or evil on Earth.

Read About the Author at GoodNewsJim.com -James Sager