The current common choice is one of the configurations which implement the opposite-faces convention: values on opposite faces sum to one more than the number of faces. In the case of the d8, the sum is nine.
The mathematical possibilities
Bosch, Fathauer, and Segerman offer a thought experiment to explain how the opposite-faces convention preserves averages for imperfectly shaped dice.
There are 8!=40320 ways to map numbers 1...8 on the regular octahedral die (d8), but many of these configurations are rotationally indistinct. The size of the symmetry group |G|=24. There are 8!/|G|=40320/24=1680 rotationally distinct configurations. This count includes mirror images. If we conflate the mirror images, then the count reduces by half to 840 symmetrically distinct configurations. Rolling a fair d8 in a perfect world means that dice makers may choose any of the configurations. But, the world is not perfect. In our imperfect world, dice makers have chosen a few configurations, and the chosen few have appeared on the market and later in dice collections.
As Slater listed above, there are 16 configurations:
- There are 8 ways to place "1" on an arbitrary face; this placement determines the opposite face.
- There are 6 ways to place "2" on a remaining face; this placement determines the opposite face.
- There are 4 ways to place "3" on a remaining face; this placement determines the opposite face.
- Finally, there are 2 ways to place "4" on a remaining face; this placement determines the opposite face.
So, there are 8!!=8×6×4×2=384 configurations implementing the opposite-faces convention, but many of these configurations are rotationally indistinct. Again, divide out the symmetry: 384/|G|=384/24=16. These 16 include the mirror images. If we conflate the mirror images, then the count reduces by half to 8 symmetrically distinct configurations.
Actual dice
Even so, dice implementing configurations other than the opposite-faces convention are available. Earlier this year, I bought a 1-8-5-4 d8 from GameStop. A visual inspection of the faces on the six square pyramids reveals that this die does not implement the even/odd split; each pyramid has two even and two odd numbers on its faces. Nor does it implement the high/low cluster.
opposite faces
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8 7 1/2, 3/4, 5/6, 7/8
5 1 2 6 opp sum: 3 7 11 15
4 3
Alea Kybos’ Dice Collection illustrates variants of the 1-8-5-4 d8. The variants involve keeping the 1-8-5-4 pyramid fixed while rotating the 2-3-6-7 pyramid by 90 degrees:
8 6 1/7, 2/4, 3/5, 6/8
5 1 7 3 opp sum: 8 6 8 14
4 2
8 3 1/6, 2/5, 3/8, 4/7
5 1 6 2 opp sum: 7 7 11 11
4 7 high/low cluster
8 2 1/3, 2/8, 4/6, 5/7
5 1 3 7 opp sum: 4 10 10 12
4 6
More details appear here.