Yeah, what Bunta said. It's not based on the total amount you have, but rather how frequently you actually get them, and the more games you've played in total, the more frequently you have to receive them. Also, once you have an Honor Badge, you have to continue to receive honors frequently, otherwise you will lose the badge eventually. However, once you have a badge, I don't think you have to receive honors as frequently as you did to actually get the badge in the first place.
Lastly, and I'm not 100% sure about this, but I think that any honors you receive from friends who are in your premade group don't really count towards getting a badge. Again, I'm not 100% sure about this part, so don't quote me on it.