Your odds are the number of unseen cards that causes your hand to be a winning hand. For example, if you have AJ, the flop doesn't pair you, and you think your opponent has a pair of tens, you have 6 outs (3 aces and 3 jacks). That means, you have an approximately 24% chance of winning an all-in on the flop, and a 12% chance of your hand improving on the next card.
The rule of 2 and 4 is approximate and not totally accurate, but it's surprisingly useful.
To learn more, Google is your friend. Also consider this book: Essential Poker Math, Expanded Edition: Fundamental No-Limit Hold'em Mathematics You Need to Know
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