The invention discloses a comb type polymeric dispersant and a preparation method and application thereof. The structural formula of the polymeric dispersant is defined in the specification. The preparation method comprises the steps that the RAFT living polymerization technology is adopted, dodecane sulfenyl sulfo-carbonyl sulfenyl propionic acid serves as a chain transfer agent, azodiisobutyronitrile serves as an initiator, and the comb type polymeric dispersant is obtained through graft copolymerization between unsaturated monomers. According to the application, the dispersant is applied to a spreading oil system, methyl oleate and other environment-friendly solvents are adopted as an organic carrier, an oil-dispersible system is obtained through a wet sanding process, a dispersing agent is added, and spreading oil of different conventional processes is obtained. According to the structure of the comb type polymeric dispersant, polyoxyethylene ether, benzene rings, carboxylic acid groups and other group repetitive units are contained, multipoint adsorption is achieved in the wet sanding process, the dispersant has good compatibility with an oil phase, the lubricating function among particles is improved, the collision probability among the particles is reduced through a macromolecular main chain steric hindrance, and sanding efficiency is improved.