Part: Part Four - Pot Odds & Hand Analysis

The rule of 2 and 4

Pre-flop
Blinds 100 / 200Pot 900 (4.5 BB)BTN109 20,000 (100 BB)YOUto actMP 20,000 (100 BB)Openerraises 600 (3 BB)SB 20,000 (100 BB)posts 100 (0.5 BB)BB 20,000 (100 BB)posts 200 (1 BB)D

It folds to you on the button with T♠9♠ after a middle-position raise - a hand that flops plenty of draws.

Opener makes it 600 (3 BB); you hold T♠9♠ on the button. Best?

WhyA suited connector against a lone raiser is a comfortable flat in position - it flops the kind of draws you can price precisely once the pot grows.
What happensYou call and the blinds fold, and now you get to put the rule of 2 and 4 to work. Pot: 1,500 (7.5 BB).
Flop
Heads-upPot 1,500 (7.5 BB)872BTN109 20,000 (100 BB)YOUopen-ended straight draw (8 outs)MP 20,000 (100 BB)Openerbets 900 (4.5 BB)D

Flop: 8♦ 7♣ 2♥ - you flop an open-ended straight draw (any 6 or J), eight outs. He bets 900, so you call 900 to win 2,400 (~2.7-to-1, need ~27%).

Use the rule of 2 and 4 to estimate your equity, then compare to the price.

WhyEight outs with two cards to come is about 32% by the rule of four, and the price only asks for roughly 27%, so you're ahead of it. Just note you'll switch to the rule of two - outs times two - the instant the turn peels and one card is left.
What happensYou call, priced in by two cards' worth of equity. Pot: 3,300 (16.5 BB).
Turn
Heads-upPot 3,300 (16.5 BB)872KBTN109 20,000 (100 BB)YOUopen-ender, one card to comeMP 20,000 (100 BB)Openerbets 2,400 (12 BB)D

Turn: K♣ - a brick. Now only one card to come. He bets 2,400, so you call 2,400 to win 5,700 (~2.4-to-1, need ~30%).

Rule of 2 now: eight outs × 2 ≈ 16%. Facing this price, best?

WhyOne card to come cuts the same eight outs to about 16% by the rule of two, but the turn price still demands around 30%, and with stacks this shallow there's little future money to make up the difference. A draw that was a fine flop call is now a losing turn call - the equity halved and the price didn't budge.
What happensYou fold. The math flipped on the turn, and so did you.
The rule put you near 32% on the flop (a call) and about 16% on the turn (a fold). Same eight outs, half the value, opposite decision - the second card to come is everything.

Multiply outs by four on the flop and by two on the turn to estimate equity - and redo the count every street, because a draw with one card left is worth half what it was with two.