Sheffield United won against Sheffield Wednesday in the Steel City derby last month.
Wednesday suffered a 4-2 defeat to United at home in the Championship last month.
The match at the Hillsborough Stadium was one of the most entertaining in the Championship this season.
Wednesday winger Wallace, 32, has admitted that Chris Wilder’s side deserved to pick up all three points from the encounter.
“We were gutted with the United game,” Wallace told The Star. “We didn’t perform the way we wanted to perform but sometimes you have to give credit to the opposition.
“Sheffield United played well on the day. These things happen in football and unfortunately we had an off day. We never really got going.”
Over the course of the 90 minutes at the Hillsborough Stadium in the Steel City derby, hosts Wednesday had 63% of the possession, took 12 shots of which two were on target, and earned nine corners, according to BBC Sport.
Visitors United had 37% of the possession, took 12 shots of which seven were on target, and earned seven corners, according to BBC Sport.
The Owls are 12th in the Championship table at the moment with 16 points from 11 matches, while the Blades are third in the standings with 21 points from 11 games.
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