The daily limit is something you should and shouldn't, because I think when you have a daily limit you will force you to keep rolling or placing bets until you reach the limit itself. This at least will only make us stunned by the daily limit that is set, so that the bet made will not be really good for the profit that is actually being sought.
There are gamblers who are enjoying benefits out of daily limit and there are some other gamblers who are destroying themselves just because of daily limit like you have mentioned. That is the point where and how gamblers are becoming responsible and protecting their bankroll.
Responsible gamblers will find benefits like saving their time, saving their bankroll and more importantly responsible gamblers will enjoy their gambling moments unlike how most of the gamblers are getting frustrated at the end of gambling