The invention relates to an ice-temperature modified atmosphere preserved water cooked minced fillet octopus ball. The ice-temperature modified atmosphere preserved water cooked minced fillet octopus ball is prepared by heating, boiling and forming minced fillet, starch, emulsified slurry, egg white, starch glue, sodium glutamate, granulated sugar, a taste promoter, sugar essence, Tarinsan, Tarilin, seafood essence, an octopus head, ice water and muddy garlic. The preparation method comprises the following steps: placing 33kg of refrigerated minced fillet into a kneader for kneading; then adding 2.1ks of salt, 22ks of starch, 24ks of emulsified slurry, 1.1ks of egg white, 0.18ks of starch glue, 1.1ks of sodium glutamate, 2ks of granulated sugar, 0.44ks of taste promoter, 0.03ks of sugar essence, 0.1ks of Tarinsan, 0.1ks of Tarilin, 0.5ks of seafood essence, 9ks of octopus head, 3.6ks of ice water and 1.8ks of muddy garlic; kneading and mixing the raw materials evenly to prepare the fish balls or fish cake; then placing the fish balls or fish cake into a sterile cooling chamber for cooling down the fish balls or fish cake; carrying out the vacuum blowup packaging of the cooled fish balls or fish cake; and then storing the fish balls or fish cake in a non-frozen state at a temperature of between 0 and 3 DEG C below zero so as to reach the aim of preservation.