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List updated with new percentages.

I've been working on this for a while. Here is my predicted character roster, along with odds of inclusion. They are color coded (green for veteran and blue for newcomer). Let me know what you think.

Confirmed:

Mario
Link
Kirby
Pikachu
Fox
Samus
Zelda
Bowser
Donkey Kong
Yoshi
Peach
Ice Climbers
Shiek

Pit
Wario
Zero Suit Samus
Ike
Pokémon Trainer
Diddy Kong
Meta Knight
Snake
Lucas
Sonic
King Dedede
Olimar

Unconfirmed (est. odds of entry)

Luigi (99%)

Captain Falcon (99%)
Ganondorf (99%)

Mr. Game and Watch (95%)
Jigglypuff (95%)
Mewtwo (90%)
Marth (85%)
Falco (75%)
Y. Link (15%)
Dr. Mario (10%)
Pichu (10%)
Roy (10%)
Ness (1%)
Krystal (85%)
K. Rool (85%)
Animal Crossing Villager (65%)

Geno (65%)
Ridley (50%)
Isaac (50%)
Lucario (40%)
Bowser Jr. (40%)
Mii (40%)
Baby Mario & Luigi (35%)
Tails (35%)

Balloon Fighter (30%)

Robotnik (30%)
Knuckles (20%)
Raiden (20%)