The invention discloses a special medium for the liquid fermentation of a rare edible-medicinal fungus Sparassis crispa and a culture method thereof. 1ml of the medium contains 20.0-200.0g of a composite carbon source, 0-60.0g of sugar, 0-5.0g of peptone, 0-5.0g of KH2PO4, 0-2.5g of MgSO4, 0-10.0ml of a pine needle juice, 0-3.0g of plant oil, and the balance water, and the pH value of the medium is adjusted to 2.0-6.0. The culture method comprises the following steps: 1, inoculating strains of Sparassis crispa to the special medium for the liquid fermentation of Sparassis crispa according to an inoculation amount of 5-20%, wherein the initial pH value of the medium is 2.0-6.0; and 2, carrying out oscillation culture under natural illumination conditions, wherein the temperature is 20-30DEG C, and the rotation speed is 100-200rpm. The method of the invention breaks through present limitations of solid culture and artificial cultivation of Sparassis crispa; and the fermentation production of the Sparassis crispa, which is carried out by using the medium and the culture method of the present invention, has the advantages of fast growth speed, short period, high yield, simple process,low cost and the like, can be adapted to the industrialized fermentation production of Sparassis crispa.