Don't count on raising the babies unless you set up dedicated breeding tanks. They will likely lay eggs eventually. The male is the main one that tends to the eggs. It takes 8 or 9 days for ocellaris to hatch. They hatch in the middle of the night and, in my case, I never see the fry unless I turn the light on in the middle of the night when they hatch. Mine usually spawn every 12 days or so.