The invention provides a preparation method of 2,7-dimethyl-2,4,6-octa-triene-1,8-diethylester biphosphonate, which comprises the following steps of: preparing 2,7-dimethyl-2,4,6-octa-triene-1,8-diol by using 2,7-dimethyl-2,4,6-octa-triene-1,8-dialdehyde as an initiative raw material, adopting methanol, ethanol, dimethyl-tetrahydrofuran or isopropanol as a solvent, and using aluminum isopropoxide, potassium borohydride or sodium borohydride as a reducing agent for reduction; preparing 2,7-dimethyl-2,4,6-octa-triene-1,8-dihalide by using phosphorus tri-halide or thionyl chloride for halogenation; and finally, heating the 2,7-dimethyl-2,4,6-octa-triene-1,8-dihalide together with triethyl phosphate to remove chloroethane or bromoethane to obtain the target compound. While achieving the aims of facilitating industrial application and making reaction easily controlled, the preparation method provided by the invention ensures that the yield of the reaction of each step exceeds 60 percent.