The Rule of 4 and 2: How Close the Shortcut Gets
The Rule of 4 and 2 multiplies the out count by four on the flop and by two on the turn. It is a linear approximation, and it always lands high: 9 outs gives 36% against an exact 34.97%, while 15 outs gives 60% against an exact 54.12%. The poker odds chart is where the exact numbers live. What the shortcut is actually computing The rule treats each out as one independent chance on each card still to be dealt. Two cards remain on the flop, so every out is counted across two streets; one card remains on the turn, so it is counted once. That is where the four and the two come from. It is a count of shares, not a probability calculation, and shares add cleanly while probabilities do not. ...