With Richmond and West Coast competing for the cup again this season, Wallace believes the dominance of their forward targets make them the two teams to beat.
“If you asked me who would be my two flag favourites, I still would have Richmond and West Coast – not in any order, as my two,” Wallace told SEN’s Dwayne’s World.
The Tigers soared into the Grand Final last year with Tom Lynch bagging five goals in the prelim against Geelong and Jack Riewoldt finishing it off with five goals against GWS to help win them the flag.
In West Coast’s 2018, two-time Coleman Medallist Josh Kennedy and Jack Darling hauled 91 goals combined.
“We’ve seen Lynch and Riewoldt combine together for a premiership, we’ve seen Kennedy and Darling combine together for a premiership.
“It has been historically if you’ve got those twin towers down there it is a big advantage to you. I think they’re the only two teams that we’ve got in the competition that really have that dual role absolutely locked down at the moment.
“So to me, that would have them two as marginal flag favourites for me.”
The Eagles currently sit fourth on the ladder after their seventh straight win against Hawthorn on Sunday.
The Tiger’s are also sitting comfortably in sixth spot ahead of their Monday Night clash with Gold Coast.