The invention provides a rotary drilling rig and a main winch placing down speed control device thereof, wherein the main winch placing down speed control device comprises a sensor, a controller and a reverse valve device, the sensor is used for sensing the relative distance between a drill rod and a power head buffer device in real time and sending triggering signals when the relative distance equals to the preset distance, the controller is used for sending voltage signals to the reverse valve device after receiving the triggering signals, an oil supply opening of a main pump negative feedback opening is connected with the main pump negative feedback opening through the reverse valve device, and the oil supply opening supplies oil to the main pump negative feedback opening when the reverse valve device receives the voltage signals and the main winch is in the placing down state. The negative feedback pressure of a main pump can be controlled, and the discharge capacity of the main pump is changed, so the main winch placing down speed can be effectively decelerated in the drill rod placing down process, the severe collision between the drill rod and a power head is avoided, the service life of the power head is prolonged, and the whole machine reliability is improved.