Minimax is a decision rule used in artificial intelligence, decision theory, game theory, statistics and philosophy for minimizing the possible loss for a worst case (maximum loss) scenario. When dealing with gains, it is referred to as "maximin"—to maximize the minimum gain. Originally formulated for two-player zero-sum game theory, covering both the cases where players take alternate moves and those where they make simultaneous moves, it has also been extended to more complex games and to general decision-making in the presence of uncertainty.
For more visit: MiniMax-Wiki

Tic Tac Toe is a popular game where Mini Max algorithm can be used to simulate optimal moves for a given configuration.