The invention discloses a glow discharge plasma water treatment method comprising the following steps: after to-be-treated wastewater is subjected to mechanical treatment, water surface electrodes having the same potential are placed on the wastewater surface, the water surface electrodes are each cylindrical in shape, an insulating medium externally wraps the water surface electrodes, and the water surface electrodes are connected to a positive electrode or a negative electrode of a power source; an underwater electrode connected to the positive electrode or the negative electrode of the power source is placed in the wastewater, and is an exposed conductive material; the water surface electrodes are directly contacted with the wastewater, and a gap is formed between the outer surface of each water surface electrode and the water surface; after the power supply is switched on and an initial discharge voltage is reached, glow discharge is generated in the gaps, plasma and active particles are generated, and the wastewater is deep treated by utilizing the plasma and the active particles. The invention also provides a corresponding plasma water treatment device aiming at the plasma water treatment method. The method and the device are suitable for various water treatment, besides, can remove microbes and bacteria in the wastewater, and can remove peculiar smell radiated by the wastewater.