The present invention provides a rapid drying casting material for a blast furnace iron runner, and a preparation method thereof. According to the casting material, bauxite clinker, corundum, silicon carbide powder, corundum powder, and alumina micro-powder are adopted as main materials, a binder and explosion-proof fibers are adopted as auxiliary materials, the bauxite clinker, the corundum and the silicon carbide are subjected to material preparing according to a certain ratio, and added to a mixer to carry out stirring mixing, then the explosion-proof fibers prepared according to a certain ratio are added to the mixer to stir, the corundum powder and the alumina micro-powder are added to mix, the binder is added to mix the powder, uniform mixing is performed, the mixed rapid drying casting material is filled into a moisture-proof package bag, and the bag is sealed and placed in a dry place. Compared with the rapid drying casting material in the prior art, the rapid drying casting material of the present invention has the following advantages that: the preparation method is simple, rapid construction, rapid baking and rapid iron discharging can be achieved, characteristics of good rapid drying explosion-proof performance, good slag iron erosion resistance, and good thermal shock stability are provided, material cost is reduced, the iron runner construction and maintenance time is shortened, the blast furnace utilization coefficient and the yield can be effectively increased, and a service life of the iron runner casting material working layer can be prolonged.