To provide a method for forming an anchor hole and a diameter expansion device by which a centrifugal force can be appropriately adjusted when a cutting-blade portion is moved in a radial direction by the centrifugal force to grind a diameter expansion portion. In a method for forming an anchor hole for a post-installed anchor in which a diameter expansion drill bit is inserted and rotated in a prepared-hole portion bored in a concrete fixing body and a cutting-blade portion of the diameter expansion drill bit is moved in a radial direction by a centrifugal force to grind a part of the prepared-hole portion to form a diameter expansion portion, the minimum value of the centrifugal force applied to grind the diameter expansion portion is 0.75 N and preferably 1.1 N.