The invention belongs to the technical field of gain materials, and discloses bismuth-thulium co-doped gain glass with an efficient broadband and a preparation method of the bismuth-thulium co-doped gain glass. The gain glass is mainly prepared from the following raw materials: GeO2, SiO2, Bi2O3 and Tm2O3; the molar dosage of the GeO2 is 10 to 40 percent, and the molar dosage of the SiO2 is 60 to 90 percent; the use amount of Bi2O3 is 0.001-5% of the total molar weight of GeO2 and SiO2, and the use amount of Tm2O3 is 0.01-5% of the total molar weight of GeO2 and SiO2. The method is a gas suspension furnace method. The gain glass provided by the invention has continuous ultra-wideband luminescence of 1000-2000 nm, and covers O, E, S, C, L and U wave bands. The method provided by the invention improves the luminous intensity of the glass material. The bismuth-thulium co-doped gain glass material is used as a gain medium to be used in the fields of optical fiber amplifiers and lasers.