$re = '/\*(.*?)((?<!\\\\)|(?<=\\\\\\\\))\*/';
$str = '*bold \\*text*
*bold* text
** text*
*bold text*
** * \\* *
*bold \\\\*text\\*
*bold \\*te\\*x \\\\*t* *
efbfb *bold \\*text* rgeb *gbrgv*
';
preg_match_all($re, $str, $matches, PREG_SET_ORDER, 0);
// Print the entire match result
var_dump($matches);
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for PHP, please visit: http://php.net/manual/en/ref.pcre.php