I'm trying to understand quantum teleportation and I was wondering if anyone could provide an intuition about it. I have seen the derivation but it still bugs me.
You start with an entangled pair of qbits in a Bell state: $$\frac{|00\rangle+|11\rangle}{\sqrt{2}}$$
You want to 'teleport' the qbit $\psi$ to the second entangled qbit. $\psi$ is in an arbitrary quantum state.
In the end, the quantum teleportation protocol requires you to perform only one of four deterministic operations on the resulting qbit and it will become $\psi$.
Here is the problem I'm having: This whole procedure puts the resulting qbit in one of 4 predetermined states even though there is a continuum of possibilities for the original state $\psi$.
Any guesses to what I'm missing?