The present invention is a weighted vest, for receiving standard Olympic weight plates. The vest has a plurality of vest pockets at least in two rows and in the front and in the rear. The top row pockets are each sized to receive up to three 2.5-pound standard Olympic weight plates and the bottom row pockets are sized to each receive up to three 5-pound standard Olympic weight plates. Each pocket has a weight holder with a length adapted to receive 1 to 3 standard Olympic weight and locked by a locking means and a pocket flap to securely hold the weight plates in the pocket.