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?

WhyCall. A suited connector in position is a fine call against a single raiser - it flops draws you can play accurately with the math.
What happensYou call; the blinds fold.  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.

WhyRule of 4: with two cards to come, outs × 4 ≈ 8 × 4 = 32%. You need only ~27% for this price, so call. (On the turn you'd switch to the rule of 2 - outs × 2.) It's a fast way to turn outs into equity at the table.
What happensYou call.  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?

WhyFold. With one card to come your eight outs are only ~16% (rule of 2), but the price needs ~30%, and you have little implied odds left. The same draw that was a fine call on the flop is a clear fold on the turn - your equity halved, but the price didn't.
What happensYou fold.  The math flipped on the turn, and so did you.
The rule of 2 and 4 let you estimate equity in seconds: ~32% on the flop (call) and ~16% on the turn (fold). The same eight outs were worth half as much with one card to come.

Outs × 4 on the flop, outs × 2 on the turn ≈ your equity - recompute every street, because a draw is worth half as much with one card left.