After a brilliant career at Eton College and the University of Cambridge, Praed entered Parliament in 1830 as a Tory. In 1834–35 he was secretary to the Board of Control. Expectations of a great political future were frustrated by his death at age 37 from tuberculosis.

Praed is best remembered as a writer of witty and ironic light verse in such pieces as “Good Night to the Season” (1827) and "The Belle of the Ball-Room" (1831), though he could combine his comedy with tender insight into human foibles, as in "The Vicar" (1829) and "Our Ball" (1829). He also showed a talent for grim humour, as in “The Red Fisherman”; wrote urbane, scissor-sharp verse epistles; and composed political squibs, such as “Stanzas on Seeing the Speaker Asleep in His Chair.” Praed excelled in blending humour, sentiment, and social satire; poet W.H. Auden (Auden, W H) remarked that his “serious poems are as trivial as his vers de société are profound.”