Best advice for a beginner is bet small/ really small. The best amount is an amount that doesnt make you sweat games.

Take a small amount of money and use it as a bankroll, bet no more then 0.5% of this bankroll per bet. DO NOT CHASE losses.

I am not sure if you mean favorite team here.  If you do throw it out the window!

You need to not care if your betting against your favorite team.  You want to make the best decision possible and if you think a team you like will sway your decision then stay away from any games that your favorite team(s) is playing in. 

I have bet against my favorite teams because i thought the other side was the smart play.  You need to be able to do this if you want to take betting seriously.

Also there is no right or wrong way to do betting.  A few things you should consider though:

1) Since you are new to betting bet the same amount on every game.  This is also known as flat betting.  Very good betters can judge which plays are worth more than others and assign different unit values to different play but you have to be the best of the best or a scammer.  Most serious betters as well as beginning better only flat bet.

2) do not get tricked into any progressive money betting strategies.  Take it from the people who have lost everything using them.  They seem good at first but they will bankrupt you every time.

3) If you just want to bet for the fun of it this bullet point does not matter.  If you want to bet as a serious hobby to make a steady income on the side then continue reading.  Develop a capping strategy or system and back test it.  Back test it multiple years not just one.  Make sure it is profitable over multiple years if you want to use it in the future.  There are many sites out there that have day by day historical stats that you can use to back test a system or capping strategy.  It is tedious and time consuming but it is necessary if you want to figure out whether or not your system works in the long run.  Some systems and capping strategies sometimes only work for a single year.  I have run into this alot back testing systems and capping strategies.  I am currently running into it alot when back testing NCAAF capping strategies.  For example, i had developed a capping strategy that showed 35 unit profit last season but when i ran it against the 2012 season it lost money.  So back to the drawing board.

4) One system will not work for all sports.  If you do some how stumble upon the holy grail of systems that work for every single sport allowing you to do minimal work when picking games you could sale it for a fortune.

5) Do not get emotional over games.  If you cant help yourself then dont watch the games you bet on.  You cant control the outcome of the game so there is no need to stress over it.  You need to learn to become numb to money.  This will eventually happen over time as you go through many roller coasters and begin to actually understand the warnings people gave you when starting out.  No one like to listen to people, everyone thinks they are the best and because of this most people learn the hard way.  Instead of listening to the people before them they think they are different until they ultimately make the same mistake and learn from them.  This was no different for me.

6) DONT CHASE MONEY!  This is the quickest way to lose everything.

Good luck

dothebeats, I use betonline.ag because I'm in US, and I used to use bitbook.  I would stick with only the top rated bitcoin sites because many are scams, or will become scams whenever they can't afford to pay someone.

Don't bet more than you can afford to lose, because you probably will lose it.  Bankroll management is key.  Also, nothing is a sure thing - if the line looks too good to be true, you should go the other way.

Just get a real-life job and use some of the money you earn to buy BTC. You'll probably make more BTC like that than if you offer a service on here, unless you're really good at coding.

^^What are you trying to do there exactly?  ^^

Just an FYI: you can't spam you're way through activity points / Membergroups.

Faucets are a waste of time, but if you're happy with the amount then I guess there's no problem. As for learning, I'm not sure how you can do that and earn, but I guess if you watch the markets and see where there's money to be made. Once you get a grasp of it you could put some money in, but I'd advise caution.

You can always earn money by offering services or selling items here over on the marketplace. There's occasional giveaways in the games and rounds section too.