In a two-player zero-sum game, the most you can guarantee yourself (maximin) equals the least your opponent can hold you to (minimax). That shared number is the value of the game. When a pure saddle point exists it is visible directly; when not, von Neumann showed a mixed strategy always closes the gap. It is the theorem that founded game theory.
The demo takes a 2×2 payoff matrix with a saddle point and shows maximin = minimax: live demo
“Von Neumann and Morgenstern proved the minimax theorem in 1944.” — von Neumann proved it alone in 1928 (Zur Theorie der Gesellschaftsspiele); the 1944 book applied it. cited
Two opposed optimizations, meeting at one number. theorem
On i-13, the matrix [[4,3],[2,1]] has maximin = minimax = 3 — a saddle: