Card to Wallet - No Palm

The magician has the spectator choose a card, sign it, and put it back in the deck. Then, he shuffles the cards and hands his wallet to the specator. He claims will find the chosen card with just one attempt and if he fails, the spectator will win the contents of his wallet. He takes a card from the deck... but it is the wrong card! The magician has nothing left to do but open the wallet and give the spectator the contents. He opens a zip in the wallet and inside there is... the chosen and signed card!

• Supplied is the special wallet. You can use your own regular deck
• A classic of card magic, in a nice simplified version that does not require any palming.